Re: QPP Stream Log - It is hard to fault...

It is hard to fault this morning's announcement. First- it is made first thing on a Monday- a week ahead of expectations- and a sign of confidence (bad news is slipped out at COB on a Friday). Secondly the numbers are in line with expectations. Thirdly the reassertion of guidance for the second half of the year. And lastly the appointment of David Currie- what in the City would be described as "a safe pair of hands" - Currie is a class act, and he wouldn't be doing this if he hadn't done his own due diligence. As short positions unwind, and institutions digest this mornings' news, there is a real chance the price will move sharply ahead. Don't be fixated about the shorters- the key drive to the share price will be serious buying interest, and the announcement today can only help that- it looks like the management are finally listening to/ getting good advice on how to communicate with the market.