RE: What is a realistic SP in the next8 Dec 2016 17:56
I believe that... another view point is that there aren't many shares available. The drop towards the end of the day seemed to be to fill the shares needed to cover the 13.5k and 16.5k buys.
RE: What is a realistic SP in the next8 Dec 2016 17:50
It all depends when the sells dry up... we saw a glimpse yesterday and today of how quick it can move with a flurry of buys. When an RNS drops, if good, MMs won't be able to cope.
It's a recovery play... it has been hit heavily. Whilst there are many small sells... in the afternoon there is clear evidence of investors building a stake here. The war in Syria has heavily influenced the collapse in SP. But things seem to be easing there, so continuation of production should resume shortly.