Strange day4 Jun 2025 06:33
Probably get lambasted for my observations, but there you go.
In the last 2 positive RNS's re extension and contract, the SP fell during the days of those announcements? Yesterday is took off, before ending over 10%. Even with the news flow very soon, the excellent contributions of Trench and King, i feel today, like the last few times "could" have all the hallmarks of a P&D. The way all those large trade rolled in first thing, to set the SP on its way, i would guess that some of those large trades could be matched for the drop back to 10%+. Just all looked a bit suss to me.
The way the market reacted to the previous 2 good news days was negative, yet yesterday it sprang into life on nothing. We have seen in the last few months where the SP has taken off, only to come back to near where it started. Hope i am, wrong, and i hope the SP continues to improve, but its just the way i see it.