Billionaires dont have loose change. They are tight as fk and...

Billionaires dont have loose change. They are tight as fk and hate paying tax. As rabbit says it was a hedge. I doubt he set out to crush the sp. It was a wait and see. Once apparent the market gave 2 fs about RWL water then out come the sell algos and the tax loss hedge begins. Simple really. Very common for alot of high rollers merging a loss making private business to public.

Anything can happen from here. Whats alarming is the quiet shift away from MABR. Is it a dud? Is it a shift away or just not selling? Bugger all sales in countries with higher standards is a concern. Profit is king. Flip a coin now.