The sp is mad, presumably because of Russia/Ukraine24 Feb 2022 16:42
We got the long awaited $1 billion compensation from the Indian Government (see todays RNS) Over a decade of wrangling.
And what happens? The sp goes up by................. 4.7%.
THERE IS NO WAY ON EARTH THE MARKET "BUILT IN" NEARLY ALL OF THAT MONEY INTO THE SP before the announcement.
It is inconceivable. 70% maybe, but that would be pushing it if you asl me.
We will see hopefully tomorrow the true effect iof this massive sum of money finally turning up.
Also we sell oil and gas. Brent is currently $104, and gas is up 41%.
Complete and utter madness.
The sp should be £2.50 at minimum IMHO.
All IMHO.