RE: TIME TO SWITCH OFF FOR A DAY OR TWO28 Oct 2020 15:35
One of the biggest factors now is no fundraising required. The Bod have pulled off a very big deal here and 4D won't go unnoticed in the US. There are companies needing money right now and taking a beating. A big growth company.
Markets are depressed but 4D is well positioned to capitalise on unmet needs in health. No funding issues and loads in the pipeline. 3 days of red puts this in oversold territory after the merger news. Recovery will be strong but not a day trade.
He still owns an awful lot of shares and it is just making a prudent decision. And because he's not on the Board isn't involved in negotiations with third parties. Remember acacia sold down to about 50p so that shows these holdings don't influence long term movements.