Tailback,
I have to say it’s not so much as having a crystal ball, but a small knowledge of the stock market rules which leads me to believe nothing much of substance will have come out of this meeting.
If it were the case that information was given which could in any way be considered significant, this in itself would be a serious breach of the rules, rules which Torotrak have always taken the greatest care not to break. Licensee confidentially is outside the scope of stock market rules, but here again Torotrak have never once to my knowledge broken trust, with perhaps the minor displeasure of BMW (not even a licensee) having their name mentioned.
City meetings are no more than bringing those with an interest up to date, but no more so than any shareholder could be if they took the time and trouble to go to the AGM and followed the story closely.
It’s a pity that certain people thought they could read that which wasn’t there into a similar meeting last year. A thirst for knowledge is understandable, but for myself I’ll stick to looking out for RNSs rather than elsewhere.