A lot of disgruntlement here and with good reason IMO. PIs just constantly left guessing and clinging - largely blindly - on to the rags-to-riches 20tncf dream.
Tried to sell in anticipation of nailed on drop first thing could only get quoted 0.51! Needless to say didn't sell. With bid at 0.7 still only getting offered 0.65. Time to hold me thinks - or even add.
0.627 to buy and 0.595 to sell (250K shares via ii). New low to sell.
Just speaking to some guys at Redmayne Bentley this afternoon. Unsurprisingly they are bearish about the whole commodities sector and are expecting things to get substantially worse before a turnaround in 6+ months. Better be prepared to dig in IMO.
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