RE: Berenberg : Buy with 250p target23 Nov 2022 10:19
It’ s aim, it’s a game. A poster on adfvn imaginatively suggested it was the currency swap to dollars from euros. My theory is , as hinted by Ben in yesterday's presentation , liquidity issues in some fund manager’s portfolios having to sell stock they can actually sell like cnic on strength in outstanding result’s news. As Ben also pointed out early investors made a lot of money from 40p entry over 9 years though. Its is very hard and possibly unwise to second guess the markets wild swings, not that this is that wild or much of a swing. the facts as presented yesterday are sufficient for me