Concerns but calm is needed8 Sep 2021 19:21
141 million shares as been given to the city the expected handover I believe is on the 13th September ( please correct me if I'm wrong).
Is there any contract that stops the city from dumping those shares on the market, for some reason I can't access the lse rns.
If there is a contract in place, that prevents the shares being dumped, then happy days.
However , if there is not, I would advise caution . The reason is over 40 million shares were sold on the 6th causing .60 pence drop. What would 141 million shares do?
On a better note, once the API is in expect this share to be 2 pence in my opinion.
Best wishes schalf