RE: Trading Update6 Jun 2023 21:20
stargate, maybe you'll be right, maybe wrong. personally, don't think much of so-called technical analysis, why should a share price behave in a certain way simply because of a graph ? yes, the sp has fallen recently from £36, but one can argue then that all known bad news is within the current lower sp. with a div of over 8% and unlikely to be cut anytime soon, and with a new ceo determined to deal with the challenges, i can't see the sp falling back materially from here this year. one challenge that has grown is the criminal gangs making illicit ***s in europe, but this is being tackled on a large scale with very large confiscations taking place.