Assumptions24 May 2018 09:50
e.g that the 40m subscribed shares went as fee to MBank; that they will sell like yesterday and depress SP. Even if first is correct these are smart alec bankers worth a few bob. They would want to maximise their fee. No ha'penny profit I suspect. AND (still assuming) would they not have inside info? If you or I had inside info and it was exciting, would you sell fast to book your fee? I don't think so. In fact, if that occurs, it might well be an indication that the news they have and we do not, is less than brilliant. My guess is (IF the 40M did go to MBank) they will hold off and gently transfer in small bundles to friendly interests.