What makes you say that hawkspear ? In what way does it look like shorts closing ? I read this every bloody day, the number of shorts apparently closed over the last few months is now probably in excess of the number of shares in issue !
I personally have a hunch we will remain in, which may actually give a boost to the sp. But its just information about an event we should all be aware of
That's true Bill but the reason we went to 39p last November was as a result of our inclusion in the index and index tracking IIs buying in. Those same IIs will sell if we lose our place in the index and our sp could suffer a sharp downward movement.
This MSCI indwx constituents review to be published later tomorrow evening is important. If EUA are for some reason removed then the sp will crash. Fingers crossed we will remain in the index . Perhaps today's rise is because someone knows EUAs position in the index is secure.
Interesting rns but not sure why it would make anyone buy shares here? It's not as though they have announced anything that's going to make money for SNT.
What is the rebalance proposed on 11/11 ? Are they removing EUA as its mcap is now below their threshold ? That would not be a good thing as instis who follow that index would need to sell.
Yes, isnt it a bit odd that DD has apparently been completed but the JORC has not been published? - you surely can't complete DD without the JORC data ?