RE: Market Reaction To RNS23 Feb 2022 16:51
All the talk of more sanctions, is politicians thinking their electorate look favourably at being tough on a dictator.
A large portion don't give a hoot. Bigger issues domestically.
The conflict will start to ease when it becomes clear, that the west have accepted succession of the independent states from Ukraine. No further action if Putin does not invade Ukraine.
Shorts have indeed closed today and there will be a rapid recovery in SP. The MM'S have collected many shares in the 14-16p range. On the right news of settlement they will rapidly move us back in to the 20's.
All of this could be upstaged by an RNS tomorrow staying sold to the Chinese for X billions.