RE: Take over!?26 Mar 2022 10:18
RT003 - sorry to be pedantic, but you are wrong about there being no link between PIs shorting RR through CFDs and the share price. The broker on the other side of the PI trade is long the CFD, which they delta hedge by shorting the underlying shares - so the broker position is market neutral. Not totally convinced this is the reason behind the share price pop, but as a LTH let’s hope that the reason has some substance to it.
GLA