RE: Jefferies' curveball recommendation!!!10 Sep 2019 13:19
I am unsure about your observations. I do agree that right now this is not making a lot of sense to me unless some shorters have been burned.
It would be a fairly protracted dead cat bounce but I am no expert.
If they conclude the sale of their nuclear business their debt position will undoubtedly improve.
A possible SP of £2 is on the face a very dire call. I do not think as far as I know this is likely. Who really knows!!!!