RE: What’s the reason19 May 2026 17:48
I suggest today's fiasco has seen the shorter's bots taking advantage of PIs nervousness with their misapprehension about the share issue. That was priced in weeks ago.... Anybody who received an allocation, II or PI, already owned far more shares than they were allocated and could have sold an equivalent number of their primary holding AT ANY POINT in the knowledge they had X number of shares coming through in the issue. I did so myself shortly after around 50p. Ask yourself why, if anyone was going to sell, they would wait until now... totally nonsensical. As usual, the PI herd started running and down it went as panic took hold.... much to the shorters delight .... which then triggered algos everywhere to liquidate. A perfect storm....in a teacup.