RE: The bottom line9 Feb 2020 12:39
You can turn it on its head and ask why if there is a deal, are they electing to not inform the market until the February 14th deadline has passed? In other words. if a deal has been penned, they equally should have informed the market by now, right? That is why my belief is that a deal is not yet forthcoming, or at the very least, needs more time to flesh-out. I suspect that punters won't be too fussed about waiting a little longer, but only if there is a deal that is going to happen. More radio silence, dither and delay without coming clean will only go to further damage the share price IMHO.
There is of course a bigger threat to the share price than a "no deal" scenario and that is the Coronavirus. Every time I switch on the news, the death count has increased and the virus has been contracted in yet another country, or a different region of the same country, which includes the UK. I was out shopping for a new phone yesterday and people were going about their business wearing face masks. Only 2 weeks ago, nobody was paying any notice to the threat of the virus. In 3-6 weeks from now, I reckon it's going to get so bad that people will begin to take their money out of the various stock markets and shove it back in the bank as stock markets crash around the world, mainly driven by the slowdown of the Chinese economy. It's a ticking time bomb, boys and girls. A ticking time bomb that people aren't paying serious attention to. Failing this, stock markets around the world will close and all trading will be temporarily suspended while our primitive scientists attempt to discover a working vaccine for the virus, by which time it would have already mutated at least once. Can you believe that it is not being fast tracked because of human greed and money? Money is still more important than the human species' survival, so it seems and is the reason why I have little time for humankind. The weather isn't helping my mood today either. On the eve of me starting my new job, a ruddy storm decides to rear its ugly head. Cheers.