All of course created by the mms and perhaps such as...
1.Trying to create a market by knocking the price down tempting buyers and sellers.
2.There is an overhang stock which they have accumulated from the aquisition and disposal of Barclays (jokers!!!! dispose at 22p and the stock goes to 27p)
3.There is a buyer (institution) in the wings but wants to buy lower to save some money and as always the mms trying to accumulae stock.
4.They are short of stock and need stock before the results next 2 months (early March about 8 weeks away).
None of the reasons is related to the company as the company has done a lot this year such as getting stronger in aquisitions, contracts, joint ventures and expanding in other business and in other places.
The profits will exceed next year's profits but by how much we don't know as it might include Fuelserv and E com but either way it needs to be re-rated and it has not been done yet.
The hint that really made me Buy more is the directors were keen to Buy before the end of the year and before the close period...
As far I am concerned sit tight and Buy more and see the price go up in March when the rest have sold and have the last laugh as I will do.
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