U Bull. Thank you for your thoguht.
However I will disagree with you on this one. Because people only got 1/2 of their holdings and they will be holding onto this. Reasons : wait for next leg up which we are in, taxation, tightly held stock, over demand.
Furthermore with the shares being evenly spread with all bidders getting a portion mathematically a major sell off is off the cards.
If on the other hand say 1000 bidders took all the shares, I would tend to agree.
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- overloaded with shares unfortunately not u
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western metals limited
overloaded with shares unfortunately not u, page-27
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