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That's interesting, it could have been what held us back if that was processing in the background. So long as no-one else gets ideas to bail out tomorrow, maybe we'll see a return to 250?

Well I really was expecting a little more enthusiasm. Especially as we were at 250 when the vaccine wasn't even approved at that point.

Hopefully this should give us nice little boost this morning https://www.nytimes.com/2020/12/02/world/europe/pfizer-coronavirus-vaccine-approved-uk.html

Good spot, I've never seen one of those before

There was a sell close to £1m reported after hours. I wonder if that in the background has caused the recent dip?

It's hard not to over analyse This is actually down more than 10% now since yesterday morning, that's quite a significant drop when nothing really has changed.

I can't believe how naïve traders must be if the announcement of these tiers has spooked them, it was obvious that we were going to have turbulence until at least next summer when more people have been vaccinated. The crucial thing is that there's light at the end of the tunnel and NEX has the backing to not only survive it, but thrive in the aftermath. It really does seem stupid that this is taking bigger hits than those you've described as you say.

It's quite a significant drop from yesterday morning considering nothing has really changed. It feels a little bit like this may be being played up and down. It's tempting to get in on the game, but it's too risky as at some point this will break out naturally. I heard that Moderna flew up yesterday based on some further news on the vaccine that's due, I wonder if that will give us the boost we need.

That's interesting what you say about Stagecoach. Hopefully that means we should have a nice quick turn around tomorrow and continue the upwards momentum. Nothing fundamental changed with NEX and it's actually in the best position of all the bus travel operators from what I understand.

Thank you. I had hoped the Christmas news would give us a little boost, didn't predict the negative sentiment around the tiers.

Anyone know why we're retreating again today? (Other than the fact it seems the stock is scared of 250)

That's brave, but after the news last night that the vaccine rollout is actually starting I'm hopeful that we'll head back up to 250 and beyond. Now there's actually a timeline (and a very near one at that) you'd really hope this should give investors that extra confidence.

I don't think it's any additional debt either from what I can tell. It's just maintaining the facilities they have in place. The more important RNS was the trading update as they said they haven't had to use the facilities they had available to them, but if needed they have £1.2 billion of which is available cash and lending facilities.

They definitely aren't funding NEX, look at their RNS from the last couple of days. They've just refinanced and have detailed who with.

Don't you mean £2 the way it's been moving? I can't understand why we're falling each day at the moment. It's so frustrating as this is still hugely undervalued and yet it's given up and has dropped almost 10% since Tuesday morning

Hopefully it will be as well received as the other recent announcements and we'll go even higher.

Thank you, that's a really useful explanation. I think the market took it well?

Sorry for my ignorance, but can anyone help to explain the RNS please?

Thank you, I will do

Which other stocks have you found with the same financial stability? I'm keen to explore other options, but I've not found one that could survive another Covid setback as well as NEX

Thank you. I've been in Boohoo, Cineworld, IAG, Rolls Royce and others, but the thing that gives me more confidence with this one is the underlying financial position. The others have seen similar rises (and in some cases more) but this feels more sustainable.

I still get nervous though because I've got money riding on it (excuse the pun)