Me too. Well i've forgotten about it more or less. A week is a long time. Topped up the margin and discovered that short is a very viable trading move. Radar will never forgive me for that :). Still long as well of course! Thanks to Brexit I learned something new.
You what, irish bob? Overexposure to commodities? Are u sure u understand the supply chain properly the how commodity prices impact finished goods prices... j sssume u don't work in manufacturing, sourcing or procurement then...
But The British and Irish tend to move on very fast and don't feel sorry for themselves, unlike other countries so I personally would be surprised if Brexit negotiations aren't speeded up when a new prime minister is appointed.
We've had numerous levels for the last two years. Stuck in time at .25c now mid teens. It's time to leave that share cert get cobwebs as Brexit will take an age and BOI lurches from one crisis to another. Amazingly not a single word or feedback from the management team whom at this stage I wouldn't give them a watch to wind. From the share that was going to be the Phoenix it's now takes pride of place on barney rubbles desk. I think we are in the teens for the foreseeable future. Single digits no imo.
Squeaky bum time sums it up. Consequences are just starting to unfold. Going to be difficult to dress up or spin it as good news. Now that it has started, the trickle will become a flood with announcement after announcement. Lets see how the stiff upper lip survives under this pressure, I think we start to see a bit of a quiver quite soon with the BREXAMI!!!!
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