RE: how is it good for prem but bad for27 Jun 2018 15:09
we all know that AIM is news driven. not sure when will be the next news on Zulu and hence in kdnc.
however, per RNS, several news are due in PREM on RHA and Circum. so these expectation will drive sentiment in PREM and as such many will be happy to continue buying and holding PREM for expectation of news.
also, KDNC only owns small % of Zulu, and they have to pay us money while no placing expected in PREM.
hence the rerating in PREM is happening albeit slowly