Theories12 Aug 2018 12:31
It would appear that we still don't really know who is actually the seller in our midst. We know who ever it is has been doing it for some time (and even the starting point is in question). What we have to ask is, where are they going ? We generally don't see the equivalent buys, but someone must be sweeping them up or the SP would be in a much worse situation.
So, questions:-
Who is the seller?
Is there only one seller?
Are they actually all sells?
Where are they going ?
Who's the buyer?
Watching and reading the board (most days) it would appear there are plenty of theories but no actual answer.
The one that came closest was the RNS in April 2017 which effectively was saying "no need to issue RNSs anymore, so isn't that a clue?
I personally don't know the answer, but for sure, it's baffled the PIs.