company official line, page-39

I am still very much in play with this Paps, my core holding is going no where but I did off load my tradables at 130 when the RBS did their down grade from buy to hold. That was my fist GBG loss in 18 months but a strategic play as I am primed to buy them back as soon we bottom out.

This is now a case of a perception that no news is bad news and the longer the management delay their comment the lower it will go. Anything below 120 is oversold IMO so I am primed for that but will more likely get back in around 124 on the rebound.

All irrelevant to where we will be in 6 months but it presents yet another fantastic trading opportunity.

Keep the faith