The following words are spoken from inside a suit of armour inside a Chieftain tank.
I believe the spreads will tighten up as people get fed up with having cash tied up in low-ball bids that aren't going anywhere and either put in a more sensible bid or buy at market price. Competition to be the highest available bid will have the same effect. And the idea, which I have seen expressed in a few places, that 'cap app is dead', has already been proven to be incorrect . Just look at yesterday's rises in both the top two hundred and the squad.
The lower priced players have always been in that bracket for a reason.....because they are as yet unknown, are at the end of their career, rarely if ever trouble the MB and PB scoreboards etc. That hasn't changed but if people see potential future value in them they will appreciate just as they did before. Those players that nobody sees any potential value in will not. What's new? I am also sure dividends will be increased in due course. It is clear that the 'Whales', as they have been called, are lobbying for that and with FI having reduced its exposure it is likely in my view. Personally I only see this all going one way, which is normal service being resumed.