RE: SP13 Dec 2019 19:47
@ Livestock.
From experiences that I've seen with my holdings, when shares spike like this, it is usually due to to the perceived stability politically, which inspires confidence. This often settlers back to similar sp levels once the markets have got used to this, hence why I think there will be a retrace. Not by much I don't think, but I think this will happen because of this.
Nothing else materially has happened here, which warrants an RNS. There has not been a sudden massive surge in net profit for example, which has caused the spike in the same way that nothing else has changed with other holdings of mine for example. Stagecoach for example, one of my holdings has jumped 18p today. No magnificent RNS there to warrant such a jump. Marston's, my other holding, same as here up 6p per share.
It is my guess, as I've posted already is that I believe that it is based on the perceived stability politically, So in the absence of spectacular RNS's stating anything else or different that's why I'm at that conclusion.
Of course I could be wrong, but I just don't see it. Unless you have another theory???