RE: Golden Summit1 Oct 2020 18:15
Similar observation. The first time I noted and commented on the big sells was 21/7/20. They sold 31 million shares in about 8 weeks to the report on 18/9/20. So, about 4 million per week average, or about 800K per trading day. They had 34 million left on 18/9/20 , then that would last them another 9 weeks from 18/9/20 at the same rate i.e. around 20/11/20. Again, DYOR - this could be completely wrong, or they could decide to stop early, or they could be transferring A->B and then decide to start transferring back B->A (worst case scenario, I don't believe). As we have no idea what they are thinking, there is no way to be sure. My view remains that the seller is the only reason of any relevance to the SP since July.