RE: Yes if I can13 Apr 2019 16:27
Thank you so much for your input.
Looking at the last RNS from ODEY he's got nearly 32% of the company via 3 funds.
Out of the nearly 32% nearly 9.13% is on CFD now I phoned IG my broker how this works.
IG says you can buy and sell anything you don't have in anticipation of a fall or rise and have no close date. You basically put up 20% of the total trade value plus 0.1% and close your position whenever it suits you. The max you lose is the 20% invested. Is this correct?
Another thing I don't know whether this 9.13% at the time was a buy or a sell if it's a sell this guy is a bloody genius as he would buy now at 3.99 whatever and if it was a buy he could have bought now at 3.99 I'm correct in my understanding.