Rezos magically made his 20mill go into JP Morgan. Meaning JP morgan must have dropped approx 7 mil also.
This is a fair comment although the question is what does the 7mill represent? Did the 7mill belong to an insto, a retailer, a combination of, how many investors? And just a question, as I don't know the answer, JP Morgan holding so many shares (whether on behalf of investors or otherwise), as the holdings are greater than 5% (classifying as major shareholder), are they obliged to make a substantial holder announcement when there's a more than 1% shift in holdings? I suspect it's only if the holdings of an investor and related parties is singularly greater than 5%. I suspect because a 7mill drop is only 2.3%, there was no need to announce a major shareholder change.
I hope all this makes sense. Imo it all comes back to insto holder percentage being dodgy at some sage.
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