I hope you're right oldtimer. Tomorrow's half-year results should add some more clarity to the picture. I would think something in the range of 4-10 cents would make sense, and I'm quite happy to wait a while to get it. There's not much else I'm keen to jump into at the moment, so a rise even to 4 cents would be most welcome.
The market today seems to have had no faith in any return above 2.5 cents or so, although volume was low and it may have been a few just wanting to get out rather than wait around for the end-game. I hope that's the case, because I boought a few more.
One thing I'm not clear on: why sell up the whole shebang? Fair enough to get rid of the badly devalued assets - Greece, Spain, Romania etc. But the rest haven't been doing that badly, and valuations may well have bottomed.
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I hope you're right oldtimer. Tomorrow's half-year results...
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