Over 28 million shares have traded in London so far today. People focus on all that selling, but for each sale there is a buyer. So what is the expectation of those buyers? Are they looking for a short term bounce, in for the long haul, see value in the current discounted price as cash in hand possibly exceeds current SP, averaging down??? My gut feeling is that they are expecting a short term bounce.
Over 28 million shares have traded in London so far today....
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