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06:47
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Originally posted by onthepunt:
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The main advantage would be to have a larger proportion of shares in safe hands. Assuming this is not a Hartleys or Patto’s raise, the SIs would be considered to hold longer term. When there is a high percentage of retail holders (us) in a stock it is more prone to panic selling at any hint of a drop in SP. This is not a hard and fast rule but a general market assumption.
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Thank you for taking the time to reply on the punt - you were the only one and I appreciate it (I’m sure others do too!)
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