BT et al30 Dec 2016 22:05
Good evening BT, good evening all,
Hope all have recovered from the festive activities, or have the strength to see what is left of them through. I have had just the 2 days off, Christmas Day and Boxing Day, but that is the way of retail, and what little time I did have off was good and largely peaceful. I had quite forgotten just how good the odd swig of Glayva was!.
Regarding GBG. Today would suggest that it closed 2p down. I would question that. The closing price was based on the UT which is usually shown as after market close and can pretty much be disregarded. In my opinion the real closing price was the one immediately before close of play. If you take the mid price of that trade then it would show a closing price down by around 1/2p or so. I would quite expect the opening price come next trading day to show up by around 1 1/2p, the difference between the UT trade and the more realistic closing price, (last trade). Does this really matter?, no, not really I guess - it's more of an observation on my behalf but one which is usually proven true.
So another year draws to an end. I hope it has been a largely successful, happy and healthy one for all. And here is hoping for a better 2017 in all aspects. May the bottles of Jura become larger and cheaper, with BOGOF (buy one, get one free!). Ok, so the season of good will doesn't go quite that far!.
Regards
CM