RE: 1,000,0006 May 2020 10:21
I was lucky enough to receive heavily discounted share options in the company I work for. When we chose to exercise and sell of some of these options our company broker would do a book build and shift the entire lump of shares from various parties to a single buyer offline from the market. I'm wondering if this is a similar kind of trade a collection of placing shares going to one buyer.
We where advised to offload our shares in that manner as to not effect the share price heavily by drip feeding lots of small sells into the market.