RE: Vaneck...23 Oct 2019 11:43
Or thinking about it on the flip side could yesterdays big trades actually have been buy orders at 27p placed earlier in the week, so the MM's are still trying to fill the rest of the shares Vaneck need to get back to 13 mill, by holding the SP at 17p and waiting for short term investors to get bored and sell? My gut says they are taking BMN out of their fund, but I have no evidence to back that up, only they will know and we will find out when they update their share holdings. If they are removing at 27p once they are cleared this will be able to move upwards and visa versa if they are adding at 27p this will have to move up as well. This is based on the fact that we are currently being held at 27p. Anyway its a good long term investment whatever happens.