I did give some real life examples to review. BT value approx 15Billion at time - Patrick Drahi went from 18% to 24.5% approx a 1 billion £ purchase. On 24th May. No we did not get to know when people were stake building in one lump sum. Otherwise we would all jump in - would we not? They only telling factor of stake building is a steady increase in share price until announcement - look at the price today after building finished. The question is would finance officers in these major corporations allow them to break the rules?
I hope the free float continues to diminish. Question is will we break above 420 and stay there on this occasion? GLA
T100 - you’re not wrong - however a few possibilities -if an entity continues to accumulate they don’t need to notify until finished. Recent large stakes taken in BT and vodaphone are good examples. Then we have those short reductions which take big numbers as well - and it’s been a reliable traders share over the last few periods.
Finished at days high. Suggests many traders who wanted to take profit did so last week. My gut feeling is that trackers will continue to accumulate this week. But what I really want to know is if MA is still accumulating below the last raise. Or wether the 10% block is sufficient.
He has also promised to look at its television and film operations – especially programming outside of franchises such as Marvel and Star Wars.
The Walt Disney Company will discuss fiscal second quarter 2023 financial results via a live audio webcast beginning at 4:30 p.m. ET / 1:30 p.m. PT on Wednesday, May 10, 2023.
Results will be released after the close of regular trading on May 10, 2023.