So glad I sold Wednesday, sold everything else same day. I have a horrible feeling a hefty correction back from the market jubilation is comming to the market in general. Imho
Well for me it was getting too close to the 27p consensus value on merger. I wasn't expecting 25 until mid December and thought it would need more encouraging RNSs to get it there. At 25p it was as if it had all happened but the risk was still there so bailed. If it drops to 19p people might pile in again, with some prospect of reward, well I might anyway.
I would agree with you BC, a cooling off period for a while ... as the reality of economic damage sinks in. I could also be wrong but I am out of everything today.
Thanks Rooks, looks like I am not the only one taking profits today, TLW faltering too. Having said that I think longer term outlook is good and I am sure everyone here will be fine.
How much will gas production be in the new company? [Gas is stepping stone to the greener economy and prices will hike. Natural gas price has allready risen by 27% in the last twelve months, compared to a 33% fall in oil]