Indeed, if no news people will start selling, buy now or wait?? Cheap enough now but could be cheaper Monday but on the other hand if good news comes it could rocket Monday.
How long is a piece of string? Many factors will determine the SP along it's journey. Personally I'm looking to re-coup losses from years ago on a certain company (RRL) then i'm outta here, it's a murky world that the big boy's play in.
The spread is what's putting off potential buyers, I have dry powder but I'm not losing 11% straight away, missed yesterday's trading, I'm happy to wait a bit longer, looks like it's stagnant for a while.
Timing probably, arranged meetings that have been brought forward by other parties? Saving money on air fares to combine meetings & agm? Wanting to catch the last night of a west end show? Last chance of a bogof deal at a steak house? Who knows, ask on Friday maybe?
Didn't think there would be to be honest, but if there is all well & good. Could be some bargain prices to be had as punters get impatient & sell out if no solid news, like one or two others on here I have a lot of dry powder.
2/2 As to the item in our resolutions, this is standard practice for listed companies and is the same as the prior year. It allows the company to act strategically in a timely manner when necessary to build value. Thank you for your support of the company..... #algw
Straight from #algw 1/2 Thank you for your note. All is going well in regards to work surrounding the December announcement and we will keep the market updated when there is news to report in line with the regulations. We are very encouraged about the prospects for 2020.