For once I agree with you, the wider outlook is decidedly shaky at the moment and yes, I'm very hesitant to go chucking money into any company that will follow the wider market. I am however pretty comfortable here, there's enough of a fundamental change in circumstances that it's still worthwhile. The only caveat to that is with oil tanking and the "risk" money running scared we may not hit the heights many of us on here would like, however this will still re-rate nicely.
On top of all I have been saying ,you can now add pressure on shares from european markets. Now is not the time to be investing your hard earned cash. You have heard it here first. Experience counts for more than charts,hope,bulletin boards,enthusiasm,luck,etc,etc,etc.
Agree over the extension, that came from right out of the blue,even he who knows everything didn't get that one right. As far as the algo's are concerned there are a number of opinions across the boards, price being held to buy/ sell, DMA Trading, but with the trades being so small you wonder whether the benifits would outweigh the costs.
Whilst before Bowleven has been as leaky as a sieve I think credit is due around the EEAA announcement and certainly no one was expecting the extension to the lukoil deadline (well, except all but the most cynical) so you never know! That said I'd still like to know what was going on with those weird trades earlier today...
Yes but is the longstop date the date when the cash is in our bank, which is I think 10 -15 days after the deal is done, because if that is then the deal should be done about the. 20th ,or is that the date the deal is done with another 10-15 days to go before the cash is in our bank. Still a bit unclear.
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