...dear Geoffrey's statement "the Group views the future with considerable optimism."
I'm assuming that is still the case.
To be fair, there is allot to nail down regarding the acquisitions:-
Refit criteria
Financing and / or other options to consider...which may include the "much larger opportunities" proffered
Still a couple of weeks or so to run until the deadline.....
Chin up all...
Play away....
My view would be that for the past week or so, buy / unknown trades (likely to be buys) have outweighed the sells. Sales seem be small beer PIs that took a quick punt to make a few quid and it's taken longer than they thought.
IMO
All quiet on the news front, shares drift lower, standard pattern really....unless some leaking is already taking place?
News will come soon, I believe before the next deadline, so not long maybe even tomorrow or Friday.
I hear what you are saying Shalamar, it's just that the RINS news was absolutely nailed on and telegraphed to shareholders by the comments that had been made in various presentations and appearances so a no brainer for a quick turn.
I agree that more good news is likely and it could be tomorrow or 6 months or.....so not as predictable
Numis to pump out a new note given the confirmation of the RINS. They normally have something written and waiting to go...
Isn't this share sell off just the standard activity after much anticipated news arrives....No other news on the cards short term only what is being speculated at so people are moving on with their profit....
true, but in the context of how rapidly they had been coming through and how it was intimated that the Sturec deal was just awaiting an i to be dotted etc, it feels like it's dragging...