Didn't expect that ... the whole idea if that they don't need more cap raising.
At least the new holders are top 20 and so are less likely to sell but it does take the possibility of large buying support away short term.
So top 20 holders can now sell it down to 11.5c and still make a profit.... question is - will they?
Could be another buying opportunity on any weakness for the options.
EB
pre-open, page-3
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
