RE: this will open lot higher tomorrow6 Jan 2022 12:55
Maybe it will.
I wonder if it's because of the high yield acting as a bond proxy. My other stocks like PLUS,MNG,PHNX,IMB are holding up since they are also high yield.
The point about limited infrastructure beyond 5G/6G seems to have merit but that's all quite a long way off globally and the NPV is probably 10 years to turn positive, and Vod seems continually to find new ways of spending.
I have nurtured a negative prospect of a descent to 90p but that seems to have been allayed of late.
More broadly, I wonder if we are seeing the beginning of a deep a stock market slump due to the COVID impact lag. Just look at the NASDAQ.All the false optimism about Omicron mildness is just froth. It's like being in a storm and saying those last two waves weren't that bad.