the way the share price has fluctuated today it would appear the market really is not sure what to make of the latest financial news. Just about sums up FTO.
Any thoughts on whether Perloff might sell and abandon Beale or perhaps just bid for the company ? Anyway I am the sole buyer today so far....Thought it worth a small flutter.
Saturday Times. '' SNG marked time at 53.5p. about 37 mio shares, or 19 pct changed hands. The stake was thought to have been passed from a long-standing backer to 'safe hands'. ''
Seems an original shareholder sold 37 mio shares and these now '' in safe hands'' according to reports in todays financial press. Had always though Landsdowne was the biggest holder but with nothing approaching 37mio.
maybe whomever dumped 1.9 mio today knows more....Am pleased see this volume, which is some 6 times usual daily trade, was absorbed at only a shade under 40p
somebody has some confidence in this share buying 100,000 at 53. This is about half of what I paid back at the beginning of this year. Like other posters lately guess no real alternative other than sit and wait, and watch.