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Everyone should contact the FCA.
Once again the lockup shares have been unlocked forcing the price down
The oversight is clearly linked companies giving the ok to unlock
This makes the locked up element of the prospectus misleading
All in my opinion but if the FCA get enough comments they are more likely to look at it
The most likely scenario is that funds started buying this week as a result of the FTSE250 entry, their algos are buying but not at any price, once they hit their limit, price is carried on by retail thinking this is about to explode and just keep going, 850-920 reeks of it doubt there are any funds buying at that level, so when retail are all loaded up price retreats again, rinse and repeat until the algos are done for the day then it will retreat further leaving those that bought above the algos sitting on losses, so panic and add to the downside as they sell out at a loss. Algos then start again lower the next day and so on...
Then they go tell themselves they will never do it again.... but do.
take the market cap of DT as a percentage of the FTSE250 market cap
this givens you percentage of a true tracker fund would allocate to DT
now estimate/discovery the estimate of total FTSE250 tracker funds
take the percentage of that and divede by DT SP and it would tell you how many shares the FTSE250 tracker funds would have to buy.
Then add an allowance for all the non-tracker funds that would buy
Issue is the current SP and free float so they may instead use derivatives initially and buy in over time.