If you are anywhere near with the £2 prediction, I would be over the moon as my average is 72p and over have is in my isa! but I just feel the turn around in EMG fortunes has been very rapid, AHL now seems to be in a good position to benefit from any market swing. Which I believe may be bigger than in the last 12 months? or will the sp trace the overall movements of the ft100?
hope everyone came through them.. Looking at £2.00 before September. Mr Odey, like Mr T. is not a fool. john1952 - i know you are there. LaBourse, regards my friend, hope all is well. Regards
EMG market cap £2,398m, lowest FTSE 100 market cap is EVRAZ £2,271m with Polymetal International £2,467m. So EMG are now back in FTSE100 territory and could well be back in sooner rather than later. A price of 175p puts them back at £3,191m which is definitely FTSE100 territory.
Think you might be running ahead of yourself there. Need to be north of 1.80 before we are knocking on the FTSE100 door. But still, onwards and upwards! With all the recent good news and the strong cash position supporting a whopping great divi we might get there sooner than we think.
I am with you 100% but I must admit I am constantly confused with this share....AHL -2.1 on Tuesday's weekly figure and I expected a little retrace but no, gone constantly north since. But who's complaining. Just want to see 150 again and then a little slice off the top for my House move.GLA
the clever traker funds are buying now just before they enter FTSE 100
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