RE: Mr 5K18 Jun 2020 17:45
The way I see it... The SP has been hovering around 330 to 350 for a couple of months which means :
1. Doesn't shift enough for most day traders..
2. Those who buy in at these levels are waiting for the big rise.
3. Those who bought in Alot lower may sell some out of running out of paitence but most I suspect are holding out
4. Those who bought in a few years ago are waiting to break even
Point is not many are selling and lago are drip feading the Naz who keep buying... If they were selling then lago wouldn't be after aim shares
Every day 15, 20, 30 thousand shares are reducing the AIM freefloat.
I also suspect that the Naz might end up holding more shares especially when you account for the large pension funds and II and private investors who are loading up in the scandanavian countries