piston broke
- 29 May 2004 18:35
All you shrewdies out there, have you considered this one.
Brokers were stating that they expected this to come to market at 150 to 200p and were saying anything on the bottom end of that range would be good value. Ok so institutions didnt want to pile in when they were offered and so they came to market at 1, which surely must make them good value
There were a load of sellers at circa 1.07 onFriday, which was probably those who had bought at 1 wanting a quick but small buck, but several million bought at 1.11.
What with the sponsorship of the England footy shirts and everyones obsession with designer and sporty gear, then I woudnt at all be surprised if they reached the brokers forecasts of 1.50 within 3 months...any of you guys got an opinion on this one