RE: Changes In Major Shareholders List25 Aug 2020 11:18
The extent of II selling here explains a lot in terms this s/p going and staying so low over many recent months..... so the view that bond holders dumping was the full problem was clearly - very - overly simplistic.. and to see the likes of Fidelity and L&G sell at least meaningfully down here at big losses is of course disappointing to me.
Very fair play to AK for his large additional purchases recently, but the rest of the BoD's ownership seems somewhat like tokenism to me.
Given the amount of shares that may not have sticky ownership, I have no idea how this is going to play out in coming days and weeks .. so, unusually for me, i'll not even offer a guess :-)
But as the fundamentals here seem strong to me now, I live in reasonably good hope for the remainder of 2020 and good hope for 2021 and very good hope for 2022 and beyond !
The interims should, as now expected, be decent/good and that should further help here, including hopefully some buying in anticipation of them too !!