RE: Wft!!!!!! What's happening25 Jun 2024 15:44
Red_hornet firstly LSE get a lot of the buys and sells wrong, I brought some shares today and they are down as sells...
On the point of short term holders, many people have brought shares at a lot lower price than the current price, some will be looking at 100% profits on the sp, so they dump when waiting on news. You normally find any uptick happens quickly but most are now waiting for the operational plant.
Ultimately PHE only does well when there are live sites, although a working supported plant may lead to a change in that model. Certainly I would expect councils currently turning waste into heat will be mega interested once news about the working plant spreads...