As mentioned many times before I'm really pleased to see that it is not just me being keen on this stock, but clearly also many other investors have recognised that this is oversold at these levels. Let's sit back and enjoy the action.
RE: 60p paid!
76p Paid! Yay :-D
Will surpass last years price
Within a couple of months this will surely surpass last years figures go over 130.
RE: 60p paid!
& so it continues...75p paid...well almost, LoL
On the up
Topped up here today. Can see this being £1 in a few months. Definitely undervalued , especially when you look at last years SP and the increased efficiency / addition of more profitable routes. I have faith here.
In order for a stock to go up medium term both fundamentals and thechincals need to improve. We all know that fundamentals are improving as mentioned by our CEO but what about technicals. I'm keeping a close eye on these and to have an uptrend you need often two types of crossover: a) price and b) moving averages. Moving averages are today: 50dd 59.81, 100dd 59.618 and 200dd 83.316 and price around 71. Therefore both a) and b) are also going the wright way as a) the price has already crossed 50 and 100dd and b) has taken place in as much as today the 50dd has crossed above the 100dd. We are now moving towards the 200 dd at 83.316, but also the technicals are looking pretty good. There is no certainty but remember that during summer 2013 when a) and b) also happened the price moved from 50p to 150p. Time will tell but all looking promising to me, just sit back and let's see where we are in 6 months.....but IMO the 120-130gap from late last year will be filled in the future.
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