opened green but big selling happening wiping lines downwards to the 7's. i dont like it.. haha
i see no rhyme nor reason for this kind of trading. The company has been secured by a JV re its European interests, but still suffers. I think the company needs to release more detailed information about the JV to see it really have an effect on the SP.
other than that, i think we may have to wait for results in August before we see some SP movement. Investors still seem to think that this company is about to implode. I dont think the Bank of Scotland would enter a JV with a company which it thinks is doomed anyway.
Enjoy the low prices whilst they last.
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