so 14c broke? well well! i just hate being right in situ's like these. all my loading up between 14 & 15 over recent weeks does not look too bright now!
Strat
u say WF held 98.2M, falling to 61.9M on 17 aug. WF sold 13.69M between 6/8 and 14/8, There have only been 8 trading days since the 14/8, so at that rate
8/6x13.69= 18.25m sold 'til now. hence, 61.9-13.7= 48.2m left. this means that they have only sold half of what they held in feb. at the same rate it'll take another 48.2/13.7x7/8 =3.1 weeks to offload the lot.
if that's what they intend to do, it wmay well destroy the sp beyond 12c imho.
hopefully, that is not their intention!
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