RE: Technicals30 Jan 2020 19:20
After rereading the RNS several times it seems there are so many irons in the fire but not a one trick pony as they are in guardian in fleet,DMS, flight simulators, possibilities of Airplanes and Air Trafic control, then pushing into heavy industry and oil. SEE are in discussion with lots of global players and a substantial RNS could fall at anytime.
There’s obviously going to be a build up to the EU NCAP regulations in may 2022 and then again 2024 when all vehicles have to have DMS.
I don’t see the volume to be that great today, and people selling then talking the stock down to rebut.
I imagine Lombard is over 19% after today and another holding RNS will soon be issued.
Someone hit the nail on the head last week, we used to do phone dealing and checked prices in the newspapers or ceefax, now too much time is spent talking rubbish on BB’s , yes some great finds and reporting too but perhaps we need to step back and not follow too closely.
If the SP isn’t pushed down again tomorrow I imagine early next week it will start rising again as people won’t want to out of the stock for long.
All IMHO
Au revoir