Hi all, despite the difference in views and strategies we...

Hi all, despite the difference in views and strategies we discuss, learn, share and oppose, here is a last opportunity to post some views on the future of BTH post AGM tomorrow. Go mad…

My personal view, the trading today (<1% of MC) is indicative of where the major insto’s are playing a narrow field around the 18c’s. BTW the VWAP is 18.5c despite the apparent highs and lows. It’s being managed.

It will be held low’ish tonight at close around 18-18.5c I’m guessing. Especially as the AGM starts at 9:30 am tomorrow pre open. The closing price will be an indicator of the macro SH support of the SP. Hint hint….here are some scenarios….

1. Optimistic, say Investcorp is playing a closing transactional volume at - 20c + at close. If they haven’t before, why have they not??
2. Puppeteers 18-18.5c (who said Regal et al)…. They have the majority plan in play…. This is the group to dominate post-AGM platform perhaps.
3. sub 18c - I don't think this is a play - which is good. Despite what shenanigans on tomorrow…. It’s valued at way above this price +++….

See you tomorrow