SP might be going up marginally pockets but 'notional' market cap has risen sharply.
Any insto buying last few weeks would be working on v high possiblility of 1st 2 tranches of performance shares being awarded.
In saying that they still seem to be buying, go figure, update will be interesting.
Best outcome now would be very good figure that awards all 3 tranches to management, overpowers dilution effect and refocusses market attention on strength of model to generate outstanding metrics.
As I say update will be interesting.
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SP might be going up marginally pockets but 'notional' market...
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