Well at least you got my name correct so I suppose I'm teaching you something. Most of your posts are eloquent but one of the very worst uses of time is to do something very well that need not to be done at all.
Here, here! This guy has no idea. The government won't let them put the loss making part of the company into administration and sail off into the sunset with all the profits. GLS was built on the back of postie's sweat.
SP will continue to rise whilst loose stock is getting pick up by institutions. Rules out any placing also. No resistance all the way to 250p if the buyers keep buying.
How are they ever going to pay back the 2026 notes? A placing at 100p might cover them or they may have to give up GLS, with IDS shareholders left holding the sick RM baby.