RE: SP Not Adding Up12 Feb 2021 17:33
Peter47. It's an interesting theory and makes sense from a certain perspective, however the big majority of the shares are held by the BOD / companies which have invested time in the company for years to get to a point of conclusion.
I don't really see that current trading evidences your theory. It seems pretty straightforward to me, there's nobody selling other than PIs, might be a couple of minor IIs looking at the size of some of the trades. Might be folks on here who have big holding who know dumping a shed load with little trading volume will mean the next lot they drop will be worth less. Better to drip em in rather than pish all over the bonfire and extinguish it straight away.
Now, that's not a deramp at all before hoochy tells me I'm going to watch someone's dog get run over and enjoy it. (WTF btw hoochy?)
I haven't sold any and am waiting for the conclusion on a conkers deep CFD.
BUT, some fookers are selling them and looking at the trading it's PIs who have substantial holdings.