NATS shares are not floated, cannot be bought or sold on any financial market. Why on Earth would they be linked to the stock market?
The share valuations are done twice a year and are based on a number of measurements of the company performance e.g. profit levels, credit rating, debt, safety performance, meeting of LTIP targets.
The increases in share value in recent years have mostly been on the back of increasing profits and improvements in credit rating. The last increase (whilst profits fell) was due to the repayment of large chunks of debt.
My guess is that falling traffic levels, falling profit etc will lead to their being, at best, no improvement. I wouldn't be surprised to see the price fall slightly.
I'll be selling mine and buying HBOS shares
