Let's say half of the holder of placement shares sell out straight away in the highly unlikely scenario, that's around 30 million shares.
We traded 50 million shares in 1 day. There's always going to be a buyer and not forgetting it was oversubscribed plus we all saw a couple of big buys coming in throughout the day.
Correct me if i'm getting all of my above assumptions wrong, but i wouldn't be too worried.
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- Day Trader’s Aftermarket Lounge 9 Nov 2020
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