Quotes from the news wire:
This move will be welcomed by investors and should improve liquidity in the stock as well as reinforcing the government’s desire to reduce/exit its shareholding, even if the plan weighs on the share price over the next 12 months, if the market is judged to be able to digest the sell down without an uncomfortable price reaction, we wouldn’t be surprised to see (the government) seek to reduce its shareholding further.
Found on Reuters 3 years ago
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