that's all you can do. Replying to the post which asked how can the SP be 70p within a few weeks without any news? The simple answer is because it has gone down to 43p without news!!! In other words, the SP views no news as bad news!!! From that the same can happen in the forward direction.
Well now, I've just returned from my holiday and see the sp has now gone (WELL) below the 50p I referred to back in April/May. This share continues to DISMAY all concerned. The fundamentals are against it. Sorry folks. NB
I have been an investor in this share for the last 12-14 months and it is a roller coaster and its fair to say a little bit disappointed with the continuous drop as from share issue ....and was looking for the share to be trading at this point in the mid 60p mark ....but the fundamental moves that the bored has made in those last 12 months give me reason to stay in the share and even add a little as these prices ....but predicting exact share prices in my opinion is 50-50 .
I really have to lol at people posting that the sp will drop to 30p ect. This is just speculation and people trying to get the SP down to buy lower. The company is not in great shape, but IT IS in better shape than it has been in a few years so there is no reason for the SP to drop so much. The RI has solved a lot of the debt problem with the full issue being taken up by ii's and pi's. The bod also bought in massively at a lot higher price. Now do you really think the ii's and bod would put upfront their money for a company that was going bust? no ofc not. The company is now in better shape than ever and improving. Just read through the last results. This is just being dropped on sentiment. Sell if you wish. I for one am adding as it drops.
Jules35- nothing wrong with hearing both sides of an argument, but why would Fernie continually de ramp a share? It's like a mission for him. Sad person tbh. If you are not in a share why be like that? If you are, but still de ramp it you are a fool. As for predicting 30p, well he may be right, but no one knows for sure so it would be luck if he gets that right. He rants on about how good he is. That says it all imo. gl to you.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.