RE: .1 Jan 2019 22:01
So obviously, for anyone confused out there, they have a lot fewer shares in issue on the TA exchange compared to LSE.
The market cap on TA is currently c. 32.8m NIS , which is roughly £6.9m , or 25% up from our current SP.
But bear in mind they only had 2 hours to digest the updated presentation before market close. We have a full day and I'm sure many holders (Wontogo et al, maybe) will want to start averaging down now as the story becomes clearer and the risk reduces as each day passes.
Personally I'm convinced that if it was a no deal then we would know by now and trading would be suspended or similar.
Also, the postponed presentation meeting is tomorrow. Many will want to get in in anticipation of news Thursday morning.
If we see a unanimous agreement to the proposed deal , expect this to absolutely ly on Thursday. Probably gap up.
Tomorrow I'd be surprised if we don't rise 30% +
Expect games, the usual from MM's. Hold tight, don't panic. I will top up if opportunity presents itself.
All my opinion