sounds like government waited for the ipo to clear before announcing withdrawal of inshore wind farm funding. Together with mm manipulation SP may be held at current level for a while then slowly drop as scotland votes for devolution.
I couldn't believe the announcement this morning. yet another tory announcement proving that our government has no vision for the future and cares for nothing more than getting re-elected. Sold all my shares since I can see this dropping for a while.
If the below is happening and it is due to end on 13th are we going to see a big drop off in the price?
"In connection with the offer of the above securities, the Stabilising Manager may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilising Manager will take any stabilisation action and any stabilisation action, if begun, may be ended at any time. Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules."
I think it is...... Dividend yield is no good if share price drops by the same amount or even more and I think this is possible. I've sold today at a loss of 10p per share. Good luck to everyone holding but I think the announcement could be quite damaging and is awful timing just after the launch..
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