RE: 7.52% down, 9.43% UP..... bouncy bouncy28 May 2025 16:38
Number one driver in the first instance is an election date set....ANY date will do....why? because even if it is July next year, just the knowledge that BNP will get in and date set for it to happen will be enough for peopple to take positions that won't until sure interim Gov will give up power. I doubt needing funds will be as badly looked at even at this....surety will provide support. New funds will be easier to come by with this position.
December will be first bonus and likely as a trade off for demands versus interim Gov minimum. That means BNP will be in power and quickly making decisions before funds run low, with BNP in power and supportive of coal there will be plenty piling in, even with knowledge that a raise would be needed next year....a raise after this scenario would be competed for..... you can't get a big position on the open market. I see a partner in this scenario maybe preferred.
If interim Gov gets a kicking and jumps ship early under pressure then election by Oct maybe on the cards..... super bonus that.
Wild card in the meantime is interim Gov make waves about coal and getting it ready for next Gov.
There are some big upswings sat right there and I am sure traders will make it a bumpy ride, but I'd not expect much in the pullbacks once this gets moving, more stopping to let off thopse looking to make lunch money....... I'm here for house money!