Big seller3 Sep 2020 13:21
In my tiny wee mind can only be 2-3 II, the remaining percentage that BGF has that is less than 3%. Do they not have a loan to gene drive, could they be cashing in their shares only to get their loan paid in further shares? 2.99% of 52million is only 1.544 million, so maybe in conjunction with another.
Calculus Investments or GH fund, my thinking on this is, they have been selling an average 100,000 share a day, on the bigger trading days it’s more on the likes of the last 2-3 days less. For at least around 6 weeks, that is 3 million shares. The above is the only II that have that amount. As much as I hate to say it, I feel it is GH fund reducing, freeing up cash as they are happy to sell at anything above 91p.
The price is holding well and I am happy to wait until news while they churn through these as they are better gone before news to allow SP rise. Thoughts