wonder whats being said over on the SAG board today about all of this?
dave - my advice is wait until a week after H1 results and then decide. DYOR of course.
dave - neither. will sit between 175-190 until Aug 20. then it really is sink or swim time.
So the shorters lower the SP to under 200, then because of that the shorters laud at how the RAC need sub-200p? That's taking the absolute pess.
Mance has joined the TW and Daniel Yu list of people I wish great illness to.
Aug 20 will show QPP as cashflow zero or slightly positive, this will calm the market and should easily see a rise to 230p+. If it doesn't hit 230p after such results, we may as well all pack up and go home.
All that happened is a drop from £15m each to £10m each, caused by the Gotham report Part one! It's hardly panic stations, just a re-evaluation based on the current value of QPP.
RAC and QPP cannot respond to this as by law they are not allowed while the RAC flotation happens - Gotham know this, hence the timing of this nonsense article.
This is quite blatantly the shorters giving themselves the big opportunity to close some shorts before H1 results in two weeks time. They know for a fact that SP will go up 25% on back of results, so now it will go up from 180 to 220, as opposed to 210 to 250.