Morning all, think you will find the recent sells were short positions being rolled over at the bottom of the price spread.
Noticed Aphrodities advising NXT were his wife's worst performer of 2005. This year as every year I look to see which shares have performed worst, with the best potential for recovery, (Some daily papers do lists), Because over the last xxx years, as per usual, star performers from this year will be below average next year and visa versa.
My belief is that this year we will see realistic value restored £1.00, plus a forward premium of £0.30 - £0.50
I am still holding and adding when I can. More worried than ever that certain people have been tasked with the job of keeping this share price low to facilitate a cheap bid as profitability approaches.
I maintain my forecast of 1st quarter of their next financial year.
Remember all, if a bid arrives at whatever price, then the bidder will be assuming a minimum threefold return on the money within 2 - 3 years. That is the sort of value you will be giving away if you accept any bid.
Be forewarned and stay ahead of the game.