RE: Alistair Ferguson.11 Jun 2021 20:12
Block has also paid suppliers in shares, suppliers need to at least cover costs and will sell shares, that has capped the share price, and in my opinion may amplify the rise here, as it has been a slow drip of shares that will be turned off during a rerate.
the question is when and how high will BLOE go. I was expecting another surge this afternoon waiting for news on monday morning.