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Thursday, August 22, 2019 12:28:05 PM
My point in the earlier post was that I believe that Woodford still controls what gets sold and does not.
If you want my guess (and only a guess), the data is consistent with Woodford selling some nwbo at a measured pace. That is, less than 10% of daily volume.
Published statements from Woodford make it clear that their selling is going to take several months due to concentrated and illiquid positions. It doesn't make sense that they would push harder (over 10% of volume) on tiny nwbo that isn't going to raise a lot of funds.
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