RE: It worries me12 Jan 2024 10:45
HarChris. I agree the directors and major shareholders do not appear to be reducing (or increasing !!) their shareholdings otherwise they would need report it with a TR-1
However I don't believe the 3pct ruling applies to marketmakers so Killik with its 21.5m shares, or even WHI, could well be one of the 'players'. There are also old shareholders who are not directors who have substantial holdings ( but below the 16-17m level) Yossi Inbar perhaps ?
Also, as you are aware, it doesn't take very large trades to swing DKL pricing so sales of 2-3 m are going to move the share price disproportionately and to our detriment. rgds