RE: "Keep Faith"28 Nov 2014 12:24
It's odd that the share price has dropped quite as much as it has.
A lower oil price means reduced running costs for GMS, a production cut would have hurt GMS. Surely this will rebound? It seems irrational that the price should have fallen, but I suppose if the oil price falls further this could cause the share price here to fall further even though I don't really understand why that would be the case! The irrational market.
I have been sitting on the sidelines here waiting to get in and today I have, for 115p a share.