RE: morning all18 Oct 2016 09:41
Good morning.
Yes, fair bit less selling now than was. No doubt about it, we been absolutely hammered by the seller or sellers for ages now, and though Kestrel and it seems others been picking them up, no reason why they should pay more for them than agreed or need to.
Somebody still picking them up, so that's OK. They can only sell once, and that's what's driven the price down.
PI s will be waiting for it to turn, as Yvey concedes it will, but thinks it'll go to 45 first before buying and profit can be made, with strangely no longer any fears on the set up, Europe, business model, Uncle Tom Cobley and all.
MXCP and BGF will be waiting to, as their Kypera deal option to convert is at 85.6.
But we'll wait and see,
A lot waiting for their entry point I suspect.