Here is a senario or two to consider, fid had to pick up a lot of stock at 30p in the rights issue who at that time could have been at their desired level of financial investment in skp, subsequently they are drifting stock back into the market locking in a very nice profit! on the other side this stock is being mopped up without any problem!, it would appear to me that there is a buyer out there for this surplus stock!
Remember also the rights issue was underwritten by credit suisse and they will have picked up around 15% of the issue that was not taken up so either they've found a home for it already or they are drifting it into the market - again, a nice profit!
It's Christmas leave Raven alone he is a trader, that's what he does - he trades, some right some wrong, you know none of us like to admit it when we screw up! He would be more credible if he posted his action simultaneously as he made the trade then we could verify his trade.
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