I disagree. A lot of the shares probably went to some of the existing Instos on the register so if some wanted to lock in profits, I assume they would have already done so with their existing holdings at a higher price ahead of the the issuance day.
We saw a fair amount of volume today so let’s hope the majority of CR flippers have been flushed through already and we can start our next leg up.
Ann: Application for quotation of securities - DW8, page-3
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