RE: Zen. IMO.5 Aug 2019 16:08
Echo,
It could drift lower, that's what Stu and Cam though 2 weeks ago when we actually did the opposite...strange they have picked today to start posting again ;)
As the free float shrinks there will be less opportunities for the mm's to fill orders by dropping the price, in fact they are likely to have to go the other way now imo.
Timo is happy to add another 1% at £1.10, so even with the open offer at £1.06 I expect £1.10 will act as solid support.