Watford,
It held up well considering the state of the overall market today and no doubt some selling from the SPP but I think most punters see much more upside in the medium term so wise to hang on for a few weeks at least.
Wouldn't be surprised if insto's sold down in anticipation of some selling of the newly issued shares, should turn around once the dust has settled. Never looked like going below 1.45 today with plenty of support there and when it did get there it was a fast ride back up in the last half hour so insto's were probably buying back up again.
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