as I posted go back and look , i'm not covering old ground , I was in the debate the other day , Tuesday . you have a company broker , what is he/they for ? . won't carry on it gets boring for others .
well I didn't mean 75.88 - by this level I meant 75 - where the institutions bought and just below. That said I have to say the timing was not great its a fact. hehe . Bad morning it seems for me short term pundit wise - made £400 on the FTSE to cheer myself up though. I prefer PG Tips.
Like all Government agencies are incompetent , first sale oversubscribed has to indicate demand wait six months, till the share drops and sell again and its still oversubscribed, where the sense. totally mistimed , a dividend should have been the second move to stabilize the sp at a higher level then the sale, dangle the carrot .and then give them a taste , this way it stall's the share in its tracks, or am i missing the point.
At least after 90 days they will be in free float. What would you have preferred them to do. Just sell them in the market when the simple fact of supply and demand would have taken them well below that figure.
If you have a problem with them being sold at 75p by some yourself (cheaper) as of posting.
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