Q3 trading update10 Nov 2024 08:04
What are the possible risks.
Apart from the commissioning of an independent report the results look okay.
The MC dropped from £1.4B despite the fact that the YOY results are largely flat. FCF likely to be healthy.
So was it manipulation by agency working to rearrange the investors that makes another bid more likely. Yes.
The drop was unnecessary and certain activities in trading make it very obvious that that view is a possibility.
In summary the share price will return to over £1 very quickly , days or a few weeks when a TR1 will show who might be behind the rearrangements.
Good week ahead and think I will add to my holding on open, could be a frenzy though.