agree that it likely to drift for a few days, lse is always a funny thing this time of year thou.
after eli shot his mouth off saying £50 by christmas the institutionals got a bit upset, especially when things come back down to earth.
other uncertainty here is mid-east. i agree something doesn't add up... but this cost cutting exercise was announced long ago and is only now filtering through, i gather that they are just trimmimg the fat now that blz has segmented more and is operating the divisions as separate companies.
the other shadow is the mallam crap. markets just don't like uncertainty, nothing is certain right now.....
mid east, etc etc that's what it boils down to.
i'm a long term holder(over 10K shares), rather sit tight and not trade as some do - i know how fast these can move and don't want to be looking at a screen monitoring this baby 24/7.
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