RE: What's going on28 Jan 2021 16:38
I think, with respect, that a few posters are clutching at straws when looking for an explanation for today's SP movement. The SP was doing fine earlier in the day, and had hit 29. The drop thereafter has coincided with the RNS announcing the issue of a further 12.5 million shares. These shares will be admitted for trading on 4th February. Much will depend on what happens then, and what happens to these share on that date. I therefore cannot see any significant improvement, or stability in the SP until after that date.
Maybe we should therefore all content ourselves until then. The longer term outlook however, has never looked better than it does now in the light of last nights results.
All IMHO of course.
Davie