Dargie, whilst in principle I agree with you, in the interests...

Dargie, whilst in principle I agree with you, in the interests of discussion a fair bit of technical trading is simply the demand supply curve. Less buyers (for all of the reasons you explained) and the price falls, less sellers, some who
1. Know about the sparcs decision a an example
2. Are aware of the offers coming for DBCT
3.now about the banks' attitudes

means more buyers and less sellers, in these circumstances, the falling voume and rising prices may mean the chart has merit.



as a sparcs holder who has opted for conversion, I don't mind if the conversion goes ahead, but as a BBI holder I want reset, I can switch all my BBI's to Beppa, but a decision by the sparcs holders to convert rather than reset will place the company at a huge disadvantage, my feeling is that the combination of agreement by large holders and apathy will get the reset through. For sparcs holders the recovery of BBI is the best answer.