RE: Placing Overhang (Reposted)10 Jul 2024 16:02
Tomhuk2000.
I think you believe what you post, it's just that I think you are incorrect. I bought some in the open offer. I paid for them, and they appeared in my broker account. There are more shares in issue, hence the sp will not be quite so volatile. However, that is the only difference. No doubt some want to sell some as soon as they are in profit, fine. However, there is no overhang, or shares to be "churned in".
All IMHO.