RE: Selling activity ...20 Apr 2021 18:47
I topped up some more the other day after I cashed in a speculative recovery share I'd been holding (which had trod water and I decided it wasn't such a good bet after all). I still feel that the price to book value here is worth the risk (or should I say the wait), but I don't expect to see large gains for quite some time. Of course, if I'm wrong, then it's a bonus.
However, if there are some decent half-year figures from them, then may be we could see some activity.
But yes, 10m shares in 2 chunks is big volume, especially compared to the market cap. One question would be why wasn't there a larger movement in the share price after such a placing? If anyone can offer an opinion I'd be interested.