RE: BCN looks like a stunning rns near close of market.29 Jun 2019 11:14
read some posts saying kdnc had reduced their holdings in bcn but all i can see is 1.7% plus some small additions through various other subsidiaries...
sorry about not posting earlier... to be honest, i only punted myself because i saw big numbers but then wondered by it was rising and thought i'd got caught out by small details - i was punting... and didn't really expect good news on a friday afternoon.
that said, i can easily imagine this catching light on monday... mms might well stick on 20%+ to start but, knowing the way aim is and seeing as it was 90pish on debt funding rns july last year and i can't work out what caused it to spike in jan 2018 to 160 but, i'm guessing there'll be rampy talk of doing a miri on monday so... worth watching.
no idea how kdnc will benefit, other than proportionally but, maybe a side bet?