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Volume is low so far and will be interesting to see any late prints. If none, then I suspect Aberdeen are done. Then heading back up towards a £1 and beyond.

The coming weeks quote is what concerns me. How much cash do they need, from concentrate sale to cover wages and the next 6 month's ramped up production costs?

That's why, they are requesting a further 40% headroom.

"The net cash raised from the Placing will ensure the Company’s operations continue to be supported over the coming weeks as a consequence of a delay in exporting its latest concentrate shipment"

It will end after US midterm elections.

Trump and the bulk of Republican party, are increasingly demanding negotiations as a way out. Looking like a heavy defeat for the Dems, will lead to a change, from war to peace negotiations.

That's why, the Ukrainians are throwing everything at Kherson, to achieve a victory in time to save midterms.

Looks like selling easing and continued buying Could this finally bounce back over a pound?

Wish you all luck, but why wouldn't this open at 39p or lower?

Pensions buying again will certainly be good thing. However, there a bit like a tanker in taking time to change course.

Now Rishi Sunak as PM, will mean, full steam ahead.

Trajectory still up over next few weeks. Looking to new institutions buying as LDI/bond markets settle.

82p is a bargain as heading back over a £1.

Today’s RICS housing market survey, in our view, paints a much brighter
picture of Watkin Jones’s rental sector than that in the sales market.
Surveyors expect strong growth in rents to continue, driven by strong
tenant demand and constricted supply. We believe that part of the reason
for the arguably excessive reaction of the share price to last week’s trading
update may be the weakness of the national housebuilders, but they
operate in the currently more challenged sales market.
? Stronger rental market data. The monthly RICS Residential Market Survey
is widely view as among the best leading indicators of trends in the sales
market. The quarterly lettings report, out this morning (see over), shows
that a +36% ‘balance’ of agents (% seeing a rise less those seeing a fall)
reported rising tenant demand in Q3. Meanwhile, new landlord
instructions continued their five-year-long decline. This widening
imbalance led to a +57% balance expecting rents to rise further over the
next three months. The monthly sales survey shows -36% and -18%
balances for the equivalents of buyer enquiries and price expectations.
? Higher funding costs. WJG’s share price has fallen by 47% since the 4
October FY22E trading update (see Strong rental market offset by margin
pressure), despite management buying over 72,000 shares the following
day (see Board’s share purchases highlight confidence). We reduced our
estimates due to pricing softness on sales in H2, with institutions facing
higher funding costs. Two forward sales that were planned to close in
September are now planned to transact in FY23E due to market volatility.
? Long-term rental demand offers land prospects. We believe that WJG’s
build-to-rent (BTR) and student accommodation markets offer long-term
growth opportunities, driven by the rising demand among tenants and the
attractive income characteristics for institutional investors of BTR,
highlighted in today’s RICS survey. The group’s £75m net cash could offer
major opportunities in a now possibly less competitive land market.
? Unique capital-light, low-risk model. WJG develops BTR, student and
urban regeneration assets, forward-funded by institutions, which in our
view reduces risk with low capital tie-up. The accommodation
management division has relatively sustainable revenues (page 4).
? Valuation. Following the steep fall in the shares, the cash-rich group is
trading at a FY23E PER of 5.1x and dividend yield of 9.9%.

hxxps://progressive-research.com/wp-content/uploads/data-sync/research/WJG%2020221013.pdf?utm_source=sendgrid.com&utm_medium=email&utm_campaign=website

Lower, as in reduced rate rises going into 2023.

No longer looking at rates of 4%.

Kwatang has been sacked.

Yes facts are all Russian media was banned on the offset. The Russian ban was a counter ban later.

But my point still stands, as western democratic societies why is the Russian narrative banned?

Has Russia banned BBC or CNN? I think not. But we have banned all Russian media.

Yeh, true democrats.

VAST and deadline's don't go together.

BOE news was released 7am, buying pressure into close today. More likely to rise tomorrow and over the next week to c98p.

Would love that technical bounce back to 98p.

Rampers are not a bad thing, if the fundamentals of the business is good. They can effect sentiment and ultimately share price.

With regards to Market Capital valuation, I'm struggling to understand the continued drop. The last set of accounts don't warrant it.

Will we see a TR1 tomorrow? This has got to be the bottom. Was way oversold at £1, but at this price is just silly with expected dividend and continued growth strategy.

You realise, every major city in Ukraine is being hit. Russia saw the bridge attack as state terrorism.

It's over soon. Probably after the US midterm elections. American will abandon Ukraine.

Good solid appointment's to the board.

No thanks Dietch. I'll work to wake up my fellow Brit's. Escalation in Ukraine is not the way forward.

Peace talks are.