An interesting era of uncertainty - the enemy of confidence and rest.
Abundant idle speculation aiming to persuade weak hands to sell. (the perpetrators are mere salarymen and I spit on your activity)
Who has facts?
I have one.
Aside from two moments just before Christmas at 12c, the buyer line at 12.5c has consistently met all sellers at any volume at all times. I know, because my bid very high in the 12c queue placed back then hasn't kicked. This is a conga line of crocodiles snapping up wildebeest as they try to cross a river.
I have another, if you are interested.
If any significant player formed the opinion this business is stuffed, they would short. Yet Shortman has (6 January T+4) short positions at 0.01%. Nobody, repeat nobody, holds such a view.
I recommend holders go have a cold one and await the next progress announcement.
Ash
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