RE: Re : BIRG-BUY16 Apr 2021 16:29
I wouldn't focus too much attention to Blackrock increasing or decreasing its stake in BIRG. While their posturing has often caused movement to the share price there is nothing new about them adjusting their stake in this bank... and most of us will never understand the exact reasons behind same.
KBC, Davys, possible dividends, interest rate changes, restrictions easing as vaccinations roll out, positive lending figures etc are all the big factors to effect this one. Its crazy to think that only approx. 6 months ago we were all looking at a share price of 1.70ish. Thankfully a lot of things have changed for the positive since then and we have moved north quite a bit. Sentiment is very good too and forecasts by the majority of analysts makes for pleasant reading.