As we're unlikely to see terraces again at football, this is the virtual equivalent where you can chat to your hearts content about all football matters and, obviously, Arsenal in particular. This forum encourages all Gooners to visit and contribute so please keep it respectful, clean and topical.
Red & White Holdings have been hoovering up shares for £10k+ over the last couple of months.
The last few days have seen nearly 100 shares traded at £8k- £8.5k. This includes fairly large chunks of shares.
Can't believe these are being bought by Red & White Holdings as they have shown they are willing to pay much more. Maybe the board are selling shares to each other.
I have no idea whats going on but I do believe that due to the agreed lock down of the Boards shares, they are prevented from buying or selling shares, even from each other, so that is certainly not who is trading.
The other thing driving down the price is the fact that Kroenke has met the board and might sign up for the lockdown, so Arsenal shares would become virtually worthless as noone can buy and sell, no dividend and no take over