Ideally none of the ii should have more than a few %. Whoever thought it's good having these big boys owing most of the shares. All they do is f all of the PIs over. No individual PI can cause the sp to do what the ii have done to many other shares. The sooner these guys clear off the better.
It'll be interesting to see how the SP goes when the EEAA eventually arrives. I suspect lots of PI money awaiting patiently will charge in...SP rises to 50-60 ish...lots of PIs sell (to take profits and Everybody Knows the SP will fall after that)...is this when the BigBoys will move in seriously and buy up all the PIs sells??
Fun and games ahead especially as a RNS about Bomono can't be too far away as well?? One of these days.......
I couldn't disagree more - do you think the weeks of high volume and churning were down to PI's (in spite of what anyone might suggest I'm flippin sure the PI didn't generate around 20m around results)
I think it was more to do with JPM's strategy for exit and thus an artificial market can be created either way to suit. If you are that concerned why on earth think about buying more this morning?
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.