Confused20 Dec 2019 21:04
So a £151K purchase of 15,000,000 shares drops last thing on a Friday evening, so late that the market can’t react. I am trying to understand the timing of this transaction (be it a buy or a sell). Did the MM’s or the purchaser not want this disclosing until after close of play on a Friday and if so why? A purchase of that size would affect the share price, presumably manifesting in an increase in the price and they didn’t want others to benefit from the increase before Monday, by which time the opening price will be much higher, or does the current price reflect the accrual of these shares over a protracted period? Can anybody help me out here please?