RE: institutional investors5 Nov 2021 14:04
In my deluded world (according to some), I still believe that this is probably well over sold and with 66% in France, the city cant balance books, so, basically, no matter how many buy in, they feel if they sink sp low enough, even the very hardy will cave in and sell up?
However, it seems the more they drop it, the more sticky fingers (who dont need to rush to sell) are mopping them up and the situation, instead of improving, gets worse?
Wouldnt put anything past city/mm's to ensure they dont loose out and that the PI's do, hence little II interest at present, as they probably know what city is playing at?
Add to that little or no PR from Co yet and you have the Perfect Storm!
Rough sea's ahead but, once through them, rich pickings will be there, for sure, imo
and it is only my deluded opinion :)
(Nb but that opinion, saw it come good for me in Val, before Porky ever got involved !!!)