RE: mm's doing everything they can with price movement20 Jan 2022 12:54
They may be able to put in an offer for 30% holding but they can’t bid for the company until they actually get the 30% and at that point once the market gets a sniff of it the price would multiply many times meaning they would have to pay more.
So yes they may try to accumulate on the quiet but how would they disguise the accumulation to keep under the radar.