I suspect trading tomorrow will probably answer this conundrum, but I know there are some far wiser owls than me that contribute to this bb & I would be interested in their opinions.

My question is this: the chart below looks to me like a pullback of the uptrend (ie when it went north through 14.00) however I am unsure as it has now broken down through 14.00 whether this is trending up or down :-(

So what do you think - up or down, or should I just flip a coin :-)) ?

another new low and 70p bekons.

Hmmm.....is does look as though EMG are going to drop out of the FTSE 100 list, with the resultant exit by the tracker funds.

The exit by FTSE 100 tracker funds, may be somewhat offset by entry of FTSE 250/350 tracker funds. I am long now, looking for a bounce, as sometimes happens when stocks get booted out of the FTSE 100. H

The rise continues ..

Sub 70p today thats a first.

Is the yield now 22 cents / 1.54 / 69p = 20.7% !
Are they going bust ?
I do not think so

Have they dropped out of the FTSE 100 yet?

on the brink!

Harry - I think they are still in for some reason. Just looked it up as of 14/6/12
Next is it 1/4 should see big changes I guess

how can they remain in the FTSE100 look at their market cap?

rekirkham, have you got a definitive link please.

This seems to intimate that they are out.

Babcock steps up in FTSE reshuffle

On edit:-

And this link seems to indicate that they are!!

London Stock Exchange FTSE100

Skinny as I see it EMG is presently in FT100
- Babcock talks about it will be going out
- LSE FTSE100 seems to show it in at present
- 4-traders.com lists it as in and one of 102 ?
- Bloomberg.com presently lists it as in and one of 102 ?

To me it seems to be in now, but probably will be out, but when are changes made ?

Perhaps there is a web site somewhere which gives better information

My second link above is from the LSE and show it in (as of yesterdays close) - I thought the reshuffle was last Friday - obviously not?

Anyway, I can't readily find the date so will have a search.

Digitallook still showing EMG as a constituent of FTSE 100.
I also though the change was last week. Bizarre.

Look up - FTSE changes - web site
It shows the last day of the present index is today friday 15 June,
and monday 18 June is the first day of the new index.

Maybe there will be big changes - I'll try to find out more.
Have a look for yourselves, and let me know what you find please

I think any significant price changes will be in 350 index and these changes
will affect trusts etc., more significantly than the FT 100l

Please update as soon as you can. I am considering to buy back.
Having bought at 141 and sold at 92, I lost £10k on this last month.

StockMarketWire.com
Kevin Hayes, who joined troubled hedge fund manager Man Group as Finance Director in 2007, is leaving the company to pursue other interests.

Jonathan Sorrell, currently Man's Head of Strategy and Corporate Finance, is taking over as Finance Director with immediate effect.

Man's next scheduled public announcement will be its Interim Results on 24th July 2012.

Comment from Merrill Lynch:
"Given Man’s recent share price performance, we suspect that some will tend to try and read too much into this. However, Mr Hayes has always struck us as an effective steward of Man’s infrastructure, accounting and balance sheet. We see Man’s current issues as being a combination of sluggish demand industry-wide and soft AHL. It is hard to lay either of these at Mr Hayes’ door. We would also point out the obvious, that if there were any bad news lurking which has caused this move, the company would have had to disclose it. Instead, Man has reiterated that the next update will be on the 24th July, as previously planned.

Mr Sorrell is, judging from our encounters with him, an extremely knowledgeable and effective hedge fund business person. Man’s recently announced acquisition of FRM, which he was heavily involved in, seems a shrewd deal. We think there is nothing about Man which a period of good AHL performance would not fix. That said, we suspect that Mr. Sorrell, as a relative outsider, will be able to look at the company’s overall cost structure with a fresh pair of eyes. Also, Mr. Hayes always struck us as perhaps keener on Man having an investment bank-like balance sheet than we would have been. Maybe aspects of the balance sheet, in particular its layers of bank-like capital, will also be looked at. Overall, though, we would see this as simply a natural evolution of Man’s management team."

Man was evicted from the FTSE100 on 7th june and replaced by Babcock.