Trout,
You really do seem to have lost the plot lately.
You say:
"the Institutions have been buying cannily all year, I cannot see one of them buying at 31.5p."
Citywire say:
"It is interesting to note that since the disposal, UBS increased its holding in Osmetech by 785,000 shares to 12.35% of the company. And the last trade reported on 18 December was for 785,000 shares at 30.5p, a trade I suspect that belongs to UBS. On that basis it appears that the smart money is prepared to pay top dollar for the stock"
Merry Xmas, oh Fishy Fuehrer!!