Re Big seller1 Mar 2017 19:51
Hi Holycustard. Well of course I cannot know for certain but I look at the pattern of trades practically every day (sad, I know) and that is the conclusion I have reached on what I have seen. Private investors, generally speaking but not always, sell whatever they have or an amount of shares to raise a certain sum. So the actual amount of shares is often a random figure. Here and elsewhere we see buys and sells of that type all the time. However, there is also a regular occurrence here of sells of batches of shares in round thousands, say 10k, 20k or 25k which smacks strongly of a big holder off loading in round chunks. Inevitably speculation to a degree but I bet I am right! Also I picked up similar speculation on one of the investor websites recently although I can't remember which one. The Chairman resigned not long ago and was, from memory, a big shareholder, so maybe he is realising some cash? GL and dyor.