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No idea.If i knew that......I would be selling my tips daily after placing my trades myself!
However i do see it as a play which i believe has a good chance of valuation appreciation in the long term.I wish i knew what was going on behind the scenes though!
Probably drop to about 70p at most, don't see it dropping any further, then again I said that when it was at £1.40 that I guess that was the bottom.
The current price is a bargain for LT hold.
GLA.
Mr Wong, you know it’s Accustem, not Aquastem?
I’m guessing that’s tongue in cheek as most are under water here!
I still believe the dip will test below 70p may not a much as my 58p or so, but low sixties beckons unless they get their act together. The market makers will punish the BOD for their incompetence, with the timeline slips and the Aqustem debacle. Absolute nonsense this is and leaves a very bitter taste in the months of the investors.
They need to sort it out, and now.
i agree Vascular. there is strong support around 70s. As a LTH, Its good to keep reminding oneself that this stock was 150p in the anticipation of good results for Brazil Covid. Now that we have the good news, nothing less, and even slight progress down the pipeline, the only variable that changed here is the SENTIMENT.
lol I was going to say 75p. I have a note I wrote late last year "top up below 75", which I did and made a nice little profit at 180.
I'd like to do that again!
(past performance is no guarantee of future performance, ymmv, this is not advice, etc)
IMO this is the bottom. Support should hold around 76p, it broke down last week, and recovered back over 76.... and if it breaks down again............over to someone else.
I give up,everytime I try and guess and avg.down it drops more,bottom drawer this for a long time now.
Hi Folks. longer term investor here just asking where people think the bottom might be, seems to be drifting down with the odd up day but nevertheless still heading down. Would anyone care to fathom a guess as to how low this could potentially go...I will be looking to scale in as it's drops further in anticipation of the eventual turnaround. Thanks