RE: NHS Deal27 Nov 2020 15:48
the re-rate will come dibs ;) just need to build that position until it does which like researcher says wont be until jupiter is out. They have less than 10M shares, unkowm the exact number until next 3% is passed. AGL has been having some big volume days, compared to the daily volume of sub 300k before jupiters selling spree started, volume hasnt been sub 300k since before the start of november so theres still transfers happening between jupiter and the unknown ii(s). hence whem were stuck at this level, mm's will be happy to hold price in this level if buyer is happy to take them at 40-45p. you can see all the iceberg trades popping throughout the day 10k here 10k there... yet no movement to SP. mm's dont want to move price quickly up as the buyer might have a limit of say 45p when buying. if mms raise sp too much and scare off the buyer they will loose out on the trade dealing commissions. but its good to get jupiter out before the real movement happens... which might not really be until feb-march for people positioning up before the Q2 starts as FDA news could come along anytime april- june(even before if it goes quickly but im not holding my breathe)