ATM, with 13mln on-mkt sellers vs. 4.6mln buyers, I wouldn't be going long until there is clear direction.
Proposed spp, will not make a huge difference, IMO? One must question why current investors would continue to pump money into a share that continues to slide in value?
One could also argue that sellers at 10 & 10.5 are not retail lines?
10cps support was breached on Friday, next stop 8.5cps, IMO?
Currently short.
regards,
becoming a short, page-3
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