RE: True worth of Capita is a lot higher12 Jan 2025 21:09
@darkblue.
When market is going through correction, the market doesn't care about fundamentals. Just look at the shorters, qube and actus, if this was the bottom, why arnt shorters closing their position? The PIs calling this the bottom When they thought the bottom was at higher price when they purchased. So clearly they want it to be bottom to avoid nursing further paperloss. What's worrying is, if market tumbles, where the price is now, we could hit new lows. Its Not out of the question. What's the percentage drop needed to hit new lows. Not much when ftse can drop from 8300 to 8000 and still be at level seen start of 2024. What's almost certain is Inflation and bond market are rising imho