I recognise that brokers can do all sorts of amazing things leaving your average punter to only marvel as to what the real market might be. I do think it real though that Sustainable Capital has reduced its holding from 290m unis to about 243m units so that's a net change of 47m units.
I guess we'll never know ... maybe if and when they convert to UUUU their allocation falls askew of US regulatory limits... who knows
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