I have a feeling we could see 300 again, this does it time and time again..
could be heading back towards the lovely heights of £6.00 and lower, same old
back to 1600, i much hope now
below £10 coming... this bloody stock....
what makes you say that?
they want it down again... seen this before me thinks
Tue, 20th May 2014 18:17 RNS Number : 6326H AstraZeneca PLC 20 May 2014 ? NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION CLARIFICATION REGARDING PFIZER STATEMENT 20 May 2014 AstraZeneca PLC ("AstraZeneca") notes the announcement made by Pfizer Inc. ("Pfizer") dated 19 May 2014 seeking to clarify certain matters set out in its announcement on 18 May 2014 which set out its final proposal to AstraZeneca (the "Final Proposal Announcement"). Following some questions from shareholders, AstraZeneca wishes to make clear the following points: · Despite AstraZeneca indicating the price and other bases on which it would have been prepared to recommend an offer by Pfizer, Pfizer at its sole election and without prior discussion with AstraZeneca, has in its Final Proposal Announcement stated: o That its proposal is final; o That it will not make a hostile offer; and o That it will only announce a firm offer with the recommendation of the AstraZeneca Board. · In the context of such decisions made by Pfizer, under Takeover Panel rules: In the period up to 5.00 p.m. on 26 May 20141 (the "PUSU Deadline") Pfizer: o Must either announce a recommended firm offer or make a statement that it does not intend to make an offer for AstraZeneca. o Is not permitted (absent the announcement of a higher competing offer by a third party) to announce, even with the consent or recommendation of the Board of AstraZeneca, a firm offer for AstraZeneca unless such offer is on terms no higher than set out in Pfizer's Final Proposal Announcement representing an indicative value of £55.00 per share. o Cannot announce a firm offer without the clear recommendation of the AstraZeneca Board regarding the price and other terms of the offer. o Cannot, even with the consent or recommendation of the Board of AstraZeneca, commit to an increase in price (or suggest that it may do so publicly or privately), even if such increase would take effect after the expiry of the PUSU Deadline.
it's trying it's best to hold around here.... need to see a few more days of this to see if it's fully turning and then well we have seen it travel north before...
better day today and still holding...
i agree, there is support but the big boys shaking the tree..
wait and see before buying is my strong advice, 10.15 looks likely to kick out shortly... the ftse was at record highs also, so possibly due a pull back...
closed lower than were support was coming in..
seen it before, in 2011 as you know they went from £17 to £3 on an accounting hitch, the big boys play with it and the results were the trigger i feel they needed to short it.. another 4% off today is not a good sign like you say, it's closed there than where it was seeing support.. sit on the fence and wait is my advice i think...
this is the market, the bigger boys walking & controlling the price to where they want it to sit, either to fill a big order or to short it down and then walk it up.... I have seen it happen with so many shares and SGP it looks like history repeating itself, I might be wrong.. but i think we may see £8/£9, only my opinion, so please don't shoot me down
i have seen this before in 2011 when they took the price down...
going to be an interesting watch, back in 2011 the results were also good, just a small accounting issue and the market took them to £2.47 as you say, they seem to play this stock well, walk it down on the slightest of information side lines for me on this at the moment, falling knife, where will you catch it...
i corrected my statement, i meant March 2011, it was at around GBP 16/17 and fell back to £2.92, charts are lining up identical... The market plays these on the slightest of news, walks the price down and then up again, i guess how low will it be walked this time...
SORRY 2011 i meant, the charts look identical.
take a look at the charts, exactly the same thing this time last year, that time we went down to £292.... a tough decision, stay or go....