We are not saying they are unaffected, we are saying it is relatively as affected as something like an airline, a cafe etc. The market will do what it does and there will be buyers that think this is a good risk vs return proposition at this level. Hence why we saw buying come in late Friday afternoon. The liquidity on this is horrendous and even a small player like me could well sell this down to zero if I wanted to. The question one asks when they purchase PNC is whether it presents value and I definitely think it does so I'll be buying up but you won't see my orders sitting on the depth.
PNC Price at posting:
73.0¢ Sentiment: Hold Disclosure: Held
