Some “active” (small/mid-size) “prof. parties” still keep a hope on “extra bonuses”.....
Those “profs” realise that too many people received too high bonuses (counted from 1.06) within so short time, and somehow don’t want to "share" their profit with the “profs”..... That’s not fair, as they think that deserved much more - “multiple bonuses”. That is one of the reasons why kpn prices are under pressure, although diminishing step by step....
If “profs” would succeed putting prices down (ideally to the “bonus level” 1.06 – like Nomura “advised”) – they would be rewarded by “double bonuses”, indeed. But that could happen if (and only if !) many people would take huge losses voluntarily – the minimum “average” (with reasonable volume) is around ~1.42. Thus, conditional on people’s rational bihavior, the prob. for such “scenario” is extremely low now (price/volume distributions confirm that). Don’t forget, the only those who sold at > 1.65 had really high prob. to repurchase lower and get a “second bonus”.
Remember, the min price for “new kpn” (after rights issue) is ~1.75. This fund is at ATL, has almost zero exposure to market volatil;ity (beta=~0.02) and has actually no default risk.