RE: Guess the RNS (bond completion)20 Aug 2019 23:38
One thing I'm certain of is if it is a positive RNS then it will be released at 7am and the co will want it out as early in the week as possible for maximum gains/exposure. (since Iv'e been invested here I believe that all significant RNS's i.e quarterly updates, construction, finance have all been released at 7am, happy to be corrected on that belief though )
If it is not positive (doesn't bear thinking about does it) then I guess they could try and pick a day/time to 'bury bad news' but there is such anticipation for this next update that there's no way it can fly under the radar irrespective of when it is released.
I wouldn't mind if sky news report the evening before that bonds have been sold if that is the case as it gets us nice exposure for 'our big sp re rate' the next day, I'm thinking minimum 100 % increase, trading could possibly be suspended for a while due to high demand but when trading does start it could be that you will be paying 100-200 % more than you could have bought them for at 6.29pm the day before, also I suspect that alot of buyers may be holding off until the bonds are confirmed as sold so we could well see some sort of record in volume for one day.
Would be nice to move up to the 11-14p range prior to news so will will be back into the 20's straight away at least, to be fair everyone acknowledges that the thing that has dragged the sp down from 39p to where we are today is the fact that the finance hasn't been completed since September last year so on that basis I think I have an idea of where the sp should move to very quickly once the news hits.
Anyway just my view, everyone please do your own research and then make a decision on what you think it more likely to happen taking all known information into account.