RE: FRES interims...27 Jul 2019 19:54
I think the political situation is also in play here.If there is any possibility of increased taxes then it is in Fres interests to downplay production until things are clearer.The market is hesitant because of the political situation(overplayed in my view) otherwise this should be well clear of £10 by now given progress in the underlying.I have been in and out of this over the years.For what its worth I am waiting for circa £6 to buy,if it doesnt get, there so be it.All the best to current holders.