Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Agreed Teddy. I'm not in a rush, but would prefer to see gradual gains for a change rather than the gradual loses like I experienced at NEX and others.
Then again, we all might not be here in 6 months if the T/O goes becomes a reality
Thanks Teddy. I lost my nerve there, but regret it now as it's recovered.
I'm hoping this will be more successful for me. Seems incredible how much it's fallen back and now the turnaround story is on and the rumours of a takeover make me feel it could be a good way to recover from some of my other failures .
Sadly could also be shorts using numbers that aren't in the "free float". We'll see soon enough.
I had a feeling this would slip back today with the battle against index funds being forced to sell, but didn't expect a red day. Will be interesting to see if the small cap index funds push this up on Monday in the same way those in the 250 trackers pushed it down.
Just a thought, possibly some of the resistance is because tomorrow is the last day for FTSE 250 tracker funds to sell down before we move to the FTSE small cap. Therefore we could see less resistance and a further spike on Monday as FTSE small cap tracker funds buy.
I assume that's how it works?
Looks like morningstar have updated today and they indicate that they will drop their "fair price" here by low teens percentage. The current fair price is £33 (not a typo) and so that makes the price here anything between £27 and £30 per share.
This is up to date taking the capital raise into account etc. It also says it doesn't foresee any liquidity issues.