Panickers...include marketmakers...30 Aug 2012 10:23
At one stage mm dropped the price to 50p to sell and people could have been taken for the ride.Then suddenly share price went to 59.50-60.50p a blatant market manipulation.The important point here is that this report covers the situation till 30th of June and £16.3m is not included in the financial accounts as it arrived after they were submitted to the scrutineers,furthermore Hindustan Zinc project is not factored in this report either.SHFT are cautious in their report as financial situation across the World is also uncertain but that signifies honesty of the assessment and the report itself.If the Dividend is being maintained at or above 13% for the year to come,this share will indeed fly for longer term holders.Stach.