Short Trying to Make Back Losses23 Aug 2021 14:40
I doubt it if Bolitho or Herbet are reducing. *IF* if it is a sell, then it is most likely someone else.
The amount of cash is not huge, which makes me think, it could be a short from a small-medium sized investor. I'd say perhaps someone who closed a short last week, has just opened it up again but has added to make some money back from last weeks losses. The timing of it is very strange, which suggests amateurish individual(s) who may not have much understanding of the fundamentals. In any case, the best thing for PI's like myself to do is to buy big at these levels as we know news is imminent. Could even be an intraday.
Still a strong buy.