Normally you have to seek permission from the sender before posting. That said, it does show that IR/BoD could be reading the boards. They'll never admit it though.
It's not often a stock doesn't drop to the placement price. It does indicate strength. I'm curious as to the timing of the placement ahead of the meetings and appearances this week. From a corporate governance perspective they seem to be getting their ducks in a row, which you wouldn't do if you thought it was close to game over.
Wouldn't you think that GLEN would have asked Citi to try and support the price around the 300p
I appreciate they are 'getting it' at a market level but they risk serious investor revolt if they don't get some news out or create some support here.