RE: 10%7 Jun 2024 12:00
I’ll cope novice :-) don’t see all of them anyway as got quite few filters on. So depends who they are.
But made my feelings known on Kelso already, they’re welcome to the table like any investor. But that’s all they are, an investor and not an overly large one at that, but as they’re listed, and as we know can be noisier than us PE’s, and I’m all for that. And they’ve shown their card by ‘trading’ this share already, and again nothing wrong with it, but take it as it is ‘trading’ for their own benefit, not us PE’s who may be in it for the full SOTP
But then noise can work both ways hence MM playing the game, and why not! I would but then some will play the old card of all CEO’s should behave a certain way, which I thinks a bit boring really and the LSE decided to play its own games for many decades now.
Even the GameStop saga is rearing its head again as we all know, and some analysts are coming out saying it’s illegal or unethical, yet they’re happy to play the game when they have circa 18% shorts in place.
So yeah, go for it MM. LSE and the FCA hasn’t cared so why should he
GLA anyways. Patience wins :-)