RE: will drop to 40p18 Apr 2019 13:48
Pokerchips and RX, with respect I think you are both forgetting Blackrock increasing their shareholding, no matter what you say, whether they are buying for themselves or a client, the facts are - they have reduced or removed their short and have increased their holding so comments such as “Retail investors are looking to get in "at the bottom" ..but that level seems ahead of the City....at least based on the market behaviour here over the last week” or “The major inputs here are fading - the quick buck recovery guys, the traders, folks off on holiday etc. - but of far more significance, no sign of major II take up even at these distressed levels” would certainly seem to forget this, I fully understand that you both may want this cheaper, I know you are not deramping, I am simply stating that the city maybe starting to wake up and whilst a significant ii has not bought in then at least one of the largest asset managers in the world has.