RE: RE: Possibility of a takeover bid....15 Feb 2020 15:00
I don't think Mr 12% is shorting, he could be buying for someone else, or maybe he is like a lot on here and thinks it is undervalued, maybe when the share price does go up he may off load some and make money like we do.
At the moment it is all conjecture, their is only him who knows what he is up to.
He will know a lot more about how the company is doing than us, and he must think that the share price will rise in the near future to be buying all these.
His last purchase was only 1% so does that tell us that there is not too many shares about to pick up, for every buy there has to be a sell, so if he wants more maybe the share price has to go up to get some sells, like I said it is all conjecture.
We will know more next Month when the update comes, unless we get one before then.