RE: Holding on9 Jan 2020 21:01
Well, I am down 20% :(
Large buys today (10M, 20M, 13M shares) are really suspicious
I have a few theories that I sorted in descending order of likelihood:
1) Someone is 100% confident that Anglo American is going to buy Sirius for exactly 5.5p per share
2) Anglo American is buying to gain voting power (but shouldn't there be an RNS if their holding exceeds certain %?)
3) Shorts closing? (that's a lot of shorts in the past 2 days)
4) Someone knows about a rival, better bid that is gonna come up soon
What are your thoughts?