I'm disappointed the FSP is no more. Having UBS in control gave us some kudos. Everyone said they were working on success fee only basis - so now EUA have stopped the FSP do UBS walk away with nothing?
... ... that nothing - nothing - will shift the sp out of the 26-29 trading range until we have a binding deal at a declared price with a dividend of a declared size. Nothing.
"A special divi is incoming why would anyone sell" - because it is not guaranteed until we get a binding RNS with numbers. No previous recent RNS has resulted in the sp rising, so this one won't either. But hopefully we WILL get a binding RNS before the AGM next month.
So,looks like we're are returning to the 27-29 range. There is one thing and one thing only that will shift this and that is a binding RNS with actual numbers in it (and they need to be good numbers).
So what might it be ? There are nearly 3 billion shares in issue so a dividend of say 50p would cost £1.5 billion and 25p would cost £750 million. That's a lot of money. Should we be looking at 20p or 25p, or less than that ?
I reckon its Joe Biden just bought in to stop the Chinese getting their hands on the PGMs. So full sale to be announced 7 am tomorrow at £3 per share. Elvis (alive and kicking and living on the moon)
Short closing ? Why ? Looks to me simply like correction of an error - trade of 55,000 was put through wrongly as 550,000 which was then reversed out as -550,000 and reposted correctly as 55,000.