I presume retails wont sell below 3 until binary results come out ... so I wonder who is selling, and keep selling as soon as getting a chance of anything as if AYC will worth nothing next month.
bearing in mind, twiggy's [email protected] notes are still hung there, with 12.5% interest selected to be paid by cash not share!!!
also, ORS privatization is still in progress, the 5 ORS for 2 AYC plus 0.055 cent cash makes breakeven point at 2.5c for ORS holders, so it makes ORS's today price expensive...not sure why holders there still hang there, not competing to sell ... I guess there will be a point they do... usually overdone, so that will put more pressure on AYC in Feb.
definitely a binary bet, and market doesnt like binary at the moment, EPD and SHL are the latest victim.
I presume retails wont sell below 3 until binary results come...
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