Yes, that is exactly what I meant. Thank you for clarifying the time dimension.
If something juicy comes out of Africa then 50 to 60p may be possible IMHO around Xmas 2006. That would be my best senario. My worst senario would be 25p due to all the paper in issue and speculators messing around with 1p gains on very large short term transactions(1 million shares plus)
I am somewhat confused by AMVESCAP's very large holding in SEY. Just what is their ambition for this investment. If we knew that it would put a lot of minds at rest. Eventually they are going to have to sell all or part of this parcel as we all do with shares from time to time. I guess if the conditions are right they will sell into a rising trend so as not to depress the sp, if they can.