also was there not a trade yesterday of 300k, maybe two trades, but in total 300k? just smacks of Val or if not them someone else selling. shame we have to put up with being dual listed and the french little orders of 20/30/50 shares.
Convinced it is the 811000 shares being/have been, offloaded. just look at the Paris order book scale up chunks of 20k shares and book weighted ,atm, on the sell side.
no, when they receive their 811000 allocation of shares they just deliver them back to the broker who loaned them the shares to sell. remember,unless I've misunderstood the agreement they get these shares at 70p?
Had to sell some on IG yesterday due to margin call and committed elsewhere but bought many more this morning....for hard cash. I am hoping this is a silly emmotional reaction and value will owt as they say and if the Government do increase then I think it will give a huge fillip to the share price......not a very constructive post just had to say something-apologies in advance.
Nope can defo confirm some are sells! I have been running a too large position here for many moons and have myself sold down some 1.5m ( not a lot in the grand scheme of things admittedly)over the past month around and above.65 due to derisking but needing some cash for covid plays. Still well long but see this more as a fingers crossed we get to 1p plus rather than a nailed on cert which prob means news this week and 2p...........................why am I still here,simple I'll be gutted if I bail out so close to news when I've held so long.
It's tanking because despite a good rns we have just created an 800k odd share overhang in a company that is already saturated by Pi's who are very twitchy. Takeover will create the company's true value not promises of "perhaps" oh and yes I am well long and now wrong...,..
Too many conflicting pieces of news but if you go by Han.....looks like news/agreement/freeze has gone from "tommorrow" to sometime in the future which is a tad frustrating.