RE: so what happens monday morning...?13 Feb 2021 00:25
The problem we have is this — the USA market is actually a different market , it represents about 30 percent of the shares .. so they are shares in the same company - but...... there is a slight difference because of the percentages and because one market is closed - whilst the other open ..... so we either match them and our market rises to the same value or,,, Which is very bad for us , we open at a figure much less than the USA market...... so what happens then is this -
When the USA market opens again, they think “ hang on , I paid the equivalent of £1.94 for these shares but they are only worth £1.40”
This scenario will really scare the USA market and we absolutely do not want that to happen !!! If you look at market watch , they have posted about this scenario, we really need to keep our end of the deal up until USA market opens on Tuesday at 2:30 pm ( long weekend I believe there)