Dave/ we should know more soon the AGM is at 2pm . Judging by what money managers are saying regarding withdrawals its not going to be good ,i hope im wrong.
The shorts on this are about 1.70%, if they knew for sure the outflows were increasing it would be a lot higher, so they are only making a educated guess.
Trek/ You have no chance of a cut in the UK. The US will cut which will help. The SP is all about turning outflows into inflows, until that happens we are going down
New management wouldnt help ,i cant see what they can do now, maybe marry themselves up with another poor devil and cut costs. I will be watching the AGM the Q+A is going to be interesting
I expect the market will continue a slow decline until we get the Budget in October. If the Budget is better then expected and our results come in good, we could have a strong rise in the SP.
Its not only REL all similar companies have been hit. It happened a few weeks ago an analyst wrote a negative report on software companies being adversely affected by AI. Im holding LSEG we are down 20%