Does not explain the volume of the UT trade and the built up daily shortfall was at most 20k shares . The settlements trades at end of the day hide a multitude of sins . They are dismissed by Pi as just a balancing exercise , they represent real positions that need settling.
IT went down ,then up , then down, then up, then down . Starting to see patterns here. Think tomorrow it will go up then down , then ? . Cutting edge research this.
Look at it another way , the large funds that have lent the shorters the shares aint to worried about the fall in the price. The shorts will close at some point , patience and buying near to rights issue price may serve people well. gla
Cant see why they do not cancel rights issue and go down the bond route or securitise the loan book , this would be cheaper and cause less disruption . £350m would be readily available for a ftse 250 company.
Nice explanation and graph ,agree on 880p support , bought at 872 this morning almost immediate bounce up 20p, might see some shorts closing later in day, as may not want to hold over weekend. Gla
Looks good to me , the reduction in debt will in time increase profits, this could have been more agressive, refocus efforts to like for like will increase profit. Divvy held going forward . Looking to re-enter at 91-92p Gla
See this one failing in 3-5 yrs , high street is finished, rent , rates, theft parking charges all killing it. Look to online retailers for future growth. Expecting flack.
See this at about £2.00 myself in next 3yrs, mind you I have been here since 4p so cant complain. Good luck all don't be rushed into selling if it dips a bit.
I trade these have done near daily for last few years , easy to buy sell , tight spread , made 5p per share today . You need to do 20 or 30k trades to make it worth doing .