JPR has gone to sleep...
It appears the market are waiting for something?
It has been a while since news...surely something must be due, even if just an update? Various record dates looming...so would not want to wait too much longer.
The energy asset must also be seeing some activty...could they update us here? If not directly telling us what it is, then perhaps indirectly via the shape of the new board?
I'm waiting...so too it appears the market is waiting.
This is important, as it is one of those few times we see the market in a particular stock for what it really is...the churn stops when news is close, exposing the real state of play for a short period.
It is obvious there is little selling...the options in particular show the attitude of the smart money!
In my opinion, we are seeing a brief moment of reality...I wonder how long it will last?
Cheers!
market is waiting for something...
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