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I'm targeting £1.10, the current pull back is to be expected (and as predicted by a few on here) but the outlook appears to remain very bright IMO so it is more a when rather than an if I believe.
The RSI has been a great indicator here, and if we find a base around the low 80's now, maybe high 70's if the RSI slips into the 50's we should all be very happy. Only a few weeks ago the SP was seemingly struggling to break out of the late 50's. Great long term hold now.
Broker rating was 190p so 120p sounds like a realistic price. I will hold on for a while and see if we can build on this recent increase.
If I’m honest I always thought 80p/90p, but with Provident throwing in the towel, Amigo’s woes and a good update from IPF yesterday, also watched our CEO in a good interview recently, nice dividend too, I’ve been thinking of holding on to see where we end up.
Bought at 33p, doubled up at 51p, average 42p now, so MCL could start to provide a great income.
Probably be very tempted to sell a few at 120p though, I’m trying to be more relaxed lately, seem to sell too early myself.
IPF purchase was 44p, sold at 92p, now 140p as an example.
Agreed would have expected a price decrease tbh. Hioefully there should be a further rerate from here. Do you have a price target?
Yes 8.46%, they sneaked that out at the end today.
Impressive share price improvement considering all those shares that they have sold. Must have found a good home.
AGM next week, hopefully accompanied by a bullish trading update.
Hi were Artemis Investment Management LLP previously holding 8.46% of the company shares?
IPF has also shot up today a similar amount
Yep, I was hoping MCL would break 80 by the end of last week in the original post, and it finished a tad short, but only just.
It's been something of a slow burner, but steadily ticking upward until today. Something has clicked somewhere, very solid volumes in play. Possibly a bit of profit taking for some near term, but then a push on to £1+. I remain in for the ride. GLA
@ fireant. I apologise I realised after how rude what I said was... I didnt mean it as a personal attack more in general.. it came across really rude though im sorry
I am happy for you and everyone else invested in this.... its doing great... 751 out of 771 profitable is very very good....
Really?
I find it very interesting that it would have this much effect on the SP.
I’m seeing 7m shares traded. Somethings afoot - finally!
I know some people do waffle on these chats!!!
Thought I'd take one for the team and sell a few yesterday... you're welcome :-)...!! now fully free float and will let them run and run.
82p to sell at the moment, looking very strong.
AGM next Tuesday and then going into XD day 1/7/21.
IPF gave a good update today so maybe some read across from them.
So much for your Charts and Broker ratings. LOL :-)
Me Strong Buy
Hi FireAnt, I'm staying in while the price is moving in a positive direction. I will see if we can make a sold go at the high 80s before I decide what to do.
2 chuncky buys today and volume up on the previous day.
Going to hold and see if we can break the resistance. Hopefully we can push on now.
Should have stated starts ticking up.
Where do you see this going?
What Volume ?
Hopefully volume keeps ticking up and we stay in this territory for a while.
Need to break 82p
Just above the £100M market cap now, £100.7M, another plus.
100p seems a fir price to me