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15:56 Bid was 29p
15:57 RNS telling us what we already know (that Invesco are exiting)
130k shares sold
230k shares bought
And the Bid drops to 28p... Someone is having a laugh at our expense!
It seems that every time we look like breaking 30p somebody sells... 9 x sells of exactly 50k shares 2 x 300k and 3 x 100k+ sells over the last 24 hours of trading... Is this Invesco continuing their exit I wonder...? Can't go on forever!
Don't know why you'd risk selling this share to try and make <5% with so much good news which could land any day now...
To be honest there's no way of knowing for sure until they declare and I worked the maths on the figures provided on LSE here BUT I bought another 68k shares a couple of days ago which still haven't shown up on LSE and another 26k shares earlier this afternoon which haven't shown up on here either so makes the whole thing a bit of a guess!
wherethefoxhat
Nobody knows what Invesco have left but we do know they had 40m shares left as of Jan 4th. Since Jan 4th just over 43m shares have been traded roughly 50% buys and 50% sells so if you assume the unlikely (that all the sells are Invesco) they will still have 20m shares left to sell right now. If they have been selling I think it's more likely that 30% of the sells since are Invesco which means they still have around 33m shares left in the game.
Just working the maths so might be totally wrong BUT it's clear that they could still have 40m shares or no less than 20m...
I guess this might be Invesco...
04-Feb-21 09:04:31 26.00 400,000 Sell* 104.00k O
I just topped up another 8586 shares too. This can't stay this low forever! It's got to be worth at least double where we are even in the short term!
02-Feb-21 12:07:49 75.40 4,356 Buy* 72.00 76.00 3,284 O
02-Feb-21 12:07:09 75.40 4,230 Buy* 72.00 76.00 3,189 O
Dartron,
They just came through on L2 on LSE...
29-Jan-21 15:55:13 903.28355 20,000 Buy* 839.00 847.00 180.66k O
29-Jan-21 15:39:43 878.00 30,000 Buy* 839.00 847.00 263.40k O
29-Jan-21 15:39:19 881.61913 28,736 Buy* 839.00 847.00 253.34k O
29-Jan-21 15:55:50 921.21 30,000 Buy* 839.00 847.00 276.36k O
Managed to add another 55,341 shares today to take me well into 7 figures too although weirdly they haven't shown up in the list of trades yet...
This is one for the long term and looking forward to the run!