RE: SP discount to NAV getting ever bigger16 Mar 2024 15:59
The dump of 70000 shares at 91.5p was below the bid price at the time of trading, as was the 120000 share sale. Presumably the seller must have been desperate to offload and take the hit, due to placing trades well beyond normal market size? I was hoping for an upward move and had set up limit orders to sell at 115p and 125p because I was away from a screen for most of the day.
If Bitcoin continues to fall before the halving, then it will probably drag most other crypto down as well but a reversal to above $72k would change the picture?