RE: people10 Sep 2020 10:28
What is not unreasonable to think is that once the first Eurobond issue has been fully subscribed and announced with what they expect to do next, we should see further buying.
The spread will put many off at the moment, but if you have faith in the company’s future and are prepared to hold, that should not put you off. With increased volume we might get a reduction in the spread.
Certainly the low ‘real’ free float of c. 9.4% will lead to a rapid rise if pis hold rather than looking for an early profit.