So is that back in at 49p then or is that back in again at 45p if it goes that low. Sounds to me you can not make any commitment at all. Come back on here if you ever buy any stock, and tell what volume you bought. You better be fast.
to be the culprit wanting to create volatility on a stock that can't easily be defended. Volumes then increase with large spreads allowing MMs to make easy fees. stop losses then breach allowing more volumes etc. This has been going on for weeks with no consideration of fundamentals and may go on for many more weeks unless the company can provide proof of future success as they did last year with the half year results. These are my own views on this, may be wrong, but plausible.
What are your arguments for it to fall below 50p? A successful 97% suscription of the rights issue should show some signs of confidence The company is financially stable and the selling of hovis which was why I assumed the share price eeven got close to £1.80 a few months ago. They were anticipating this and now its happened things have gone weirdly wrong
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