RE: questionable SP movement24 Nov 2021 15:42
Have one observation on this - whether relevant or not
in this case..
On some other stocks where a sizeable capital reduction loomed
large, institutions appeared to drive down the price and then..
WOOSH - the price action in Pennon Plc is a classic example.
PLease note in no way am I suggesting this will repeat or
is the case, as like most others, I simply don't know.
However, I am guessing that a lower price allowing a
to load up before a capital return, may be in process.
But just to stress once again, it's a guess estimate Only at best.