Stelios is mouthing off. To dump over 25% of a company's shares on the market is a non trivial exercise. By forcing the sale of shares into the market, the price will fall while the market takes a gulp to absorb the shares. Stelios will see a decline on the value of his investment. Within a couple of weeks pension funds and insurers will have all bought up the stock cheaply and the share price will have returned largely to normal. Furthermore Easyjet's board will likely be pleased to see the back of an overbearing shareholder and return to running their business. It is possible that the share price will rise as they will see a board acting in the interests of all shareholders rather than just one.
If Stelios wants to sell, let him go ahead
Shed - no offence taken - always nice when someone has the same sentiment but for slightly different reasoning
Last edited by davidjohnson6; 21st Jan 2013 at 20:18.