Interesting post Juzzy.
I believe a person attended a CDY AGM, presented themself as a trader on behalf of a group hoping to carry the syndicates votes.
I've never been involved in syndicate activities so my knowledge is limited to what I've read....
In an earning based agreement where the syndicate invests in non-dividend paying equities, stock must be sold (be it on or off market) for the syndicate to earn carry. This would of course place downward pressure on the stock (a double edged sword for syndicate investors when comparing raw equity investment in the same stock discounting traded profits).
By this the equity changing hands should be a positive for SP (Assuming similar trading activity didn't resume with new funds).
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