Elementis - £1 in 2005?

MM's are not taking any stock are they? This is traded on SETS so buyers and sellers are matched off.

I'd have thought the best guide here was the price Hanover were paying for shares just a few weeks ago - 70p. Their guys are in the driving seat here and I suspect they have some wizard wheeze of an idea for extracting value from the business.


"The company will make its Preliminary Results announcement at the end of February 2006. In addition, the results of the second phase of the Board's Strategic Review, focussing principally on the Specialties business, will be announced around the end of March 2006."

I'd imagine there's lots more to be revealed over this period and expect some strong buying in the run up to the results. Currently all that's going on is the everyday ups and downs withing a rising trend and in a very quiet market. By Jan I expect to see the next leg up, if not sooner.

CR