RE: Placing shares holding it back9 May 2025 16:15
Jeez Chesh there are plenty of other things to do on a beautiful sunny day than reply to your provocative posts. As others have pointed out it's very unlikely that all the placing shares have yet cleared and you eventually accepted that.
For me I tend to look at the selling trend and seeing tranches of 5m+ shares constantly sold on any rise suggests to me that they are placing shares as institutions never hold for bigger gains and are happy with a relatively small profit. This is verified by the lack of these sells when the bid is at or below the placing price.
No doubt you will pick holes in my theory but wtfdic, i'm going back to my garden. Good weekend all.