Winny I wish I knew, by all rights it should have moved significantly by now but the longer it goes on the more I'm inclined to believe the tin hat wearing brigade who insist this share is being manipulated. At the end of the day though you've got to believe in the efficiency of the markets - if we stay at this level we will get bought out, if we don't increase enough then we will get bought out. If anyone has £1 they are willing to sell for 35p, 62p or even 99p then please give me a shout!
That's all well and good, but what is going to make it move? Everyone knows what to expect and the price is 35p. When news comes it's already priced in, what do you think will make this move, when every recent bit of good news has meant nothing?
Admittedly it's a lot better where we are now but people should stop sounding bruised and beaten. This share happily traded above that level without any of the positive developments in the last 2 months. This share is worth at least 85/90p (it's a £1 asset on paper so give a little for risk).
Oh course I'd be happier to see 62p than 35p but don't just stop there, this is worth a lot more so don't sell yourself short.
FYI, this is not intended as ramping, yes I'm long here, yes I'm underwater (I first invested in 2009) my average is low 50's now but people need to appreciate the value of this asset and get out of the mindset of covering their loss and realising the proper value here.
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