RE: Baited breath20 Nov 2014 14:06
20-Nov-14
11:25:20
270.00 212,629 Buy*
269.25/270.00
574.10k
I think this will be a slow burner up. There was a buy of 575k at full ask and the price didn't budge. If you look at the trades they are nearly all buys at 270p. It looks to me as if this is being held back. Maybe there is an obliging seller in the background. I see Sainsbury, Morrisons and Tesco are down 1 to 2.5% today so old fashioned retails are out of vogue. This was 179 on the offer after results so I think it will start to climb once it pushes through its current trading range.