RE: RNS OUT not showing here!3 Apr 2019 00:15
We are not seeing the price react in the way you might if an ii had decided to dump in a big way. I expect there reduction is end of tax year related maybe wanting to get some losses booked in.
IMO the stock does not look to be trading with an overhang, and given the price didn’t drop on the day of the supposed sell I would suggest it’s already priced in and they are not intending to reduce further.
They have sold some shares, but given there are now more shares in issue that must play a part in there % reduction?
As a holder Mani I am surprised you have not pointed that out? Also I didn’t see you flag the 48k buy this morning, but you did flag the 50k sale? Apologies if I missed it, I have been busy on other things today. Maybe you are trying to balance out the more positive posts, I’m not sure only posting negatives is the correct way to do this...