RE: Silly thought2 Jan 2019 10:28
Madpunter: at the end of the day what there is no doubt about is that there were daily sales of firstly 15m, then 10m and then 5m that progressively dragged the sp down. The vast majority of these were not bought back. Indeed the 5m seller accelerated the rate of sales on 21st December and probably sold around 40m in total. This fact suggests that he had inside info that Cairn were about to resign or, at the very least, that the injunction had been lifted. Those sales should be investigated by the FCA.
Talking of which, I complained to them on 21st December about TW's latest stunt, but haven't had a dickie bird back. I wonder how long it takes for them to acknowledge an email complaint; most competent organisations do it by pretty much return.