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The emergency RNS yesterday perhaps stopped an even worse fall in the price, but we cannot expect to see any stability until the results are out in two weeks, the company can get out and see institutions to create buyers, and perhaps the Board put money where their mouths are and buy serious amounts of stock. Until the results expect the price to be very volatile- don't be surprised if it tests 150p,, and equally don't get too enthusiastic if it rises to 180p. The short positions have made money- and they will continue to be active until they are no longer making money, that requires the price to rise and for that institutional buyers to appear. The company and their over-paid brokers better have a great road-show lined up post results to make buyers.
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