RE: Carnage4 Mar 2022 03:03
As you say, more institutional investors should be joining to support the share price but to see River and Mercantile reduce holding before results is disappointing and doesn't support the price. Uncertainty and risk is alot higher now than what it was last year, you have a war, you have high levels of inflation, increasing chance of more higher interest rates,national insurance increase, wage inflation, and sanction of russia is just about to have impact on other economies.. u have a situation where sentiment is negative and people are reducing their exposure to risk or simply protecting there capital to just maintain there level of lifestyle during the crunch. As for capita, I think debt levels during HY1 to end of December 2021 isn't expected to reduce by much imho, but starting from high level of debt nearing 900m in hy1, and going of information from December statement from what we know. We kind of know what to expect hence the share price but its painful to see Capital erode daily.The other thing that concerns me is last year you had many shares rising 25% plus in a day, how many shares have you seen rising now. That's my views.
All in my opinion
Gla