RE:RE:RE:RE:RE:PerplexedThe company is undervalued here as I see things, but the great run-up in SP during this year has obviously made more than a few investors incl Shaw obliged to take some profits off the table no matter how bright the future looks like to them. That and I would think if any retail investor new to this story takes a look at the chart he/she may be a bit hesitant by how far up this has moved over the year percentage-wise, now there's a couple of reasons why we are seeing a pause/breather taking place now in-between operational news as everyone knows the upcoming testing results is still at least a couple of weeks away.
So, I will reiterate what I wrote here a couple of weeks ago, what this stock now need is a continous replacing process of more institutional kind of players in and retailers out.
This seems to happen as we speak but slow as obviously difficult to build any large positions for the big guns except during PP's like the recent one with Premier/Miton taking the helm.
It is also good to see that the large private UK investors and the crazy Noresemen are sitting tight depsite them being heavily in the Green on their significant investments here.
I think the risk/reward has never been better in this stock than today, and I would think some institutional investors would start to acknowledge this by now.
Just my 2cents...