If $1-2 would be offered on Monday there will be heaps sold. Fund manager hardly achieve 3-10x profits in a few months time, they sell as their performance criteria is annual profit. If the these days non-binding BS is attached to a T/O then many would sell too in fears it could be withdrawn next day.
I would certainly sell 1/3 to secure the profits and to trigger the Steini-Curse - after selling core holding shares the sp really takes off, I mean reeeaaaallllllyyyyy takes off.
GLTA
Ann: Results of Meeting, page-160
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