RE: NEWS FLASH6 Jan 2023 10:14
Mattluc, I doubt NNN has any new dev agreements in pipe let alone 3. Before the interims the SP was dropping like a stone and it continued for 3 days after the interims were posted so they released the staged interview which stop the SP decline. There was no mention of potential deals in the interims RNS just the flaky staged interview on the 4th.
Also I don't think anyone has to explain why Lanstead has dumped a load of shares, they are entitled to buy and sell the same as anyone. Lanstead are in the business of making money out of its sharing agreements so they will use the 25% buffer to stop losses, period. IMO Duffers does not need to address this but if the SP continues to decline Lanstead will sell every month which is why these sharing agreements are called death spirals.