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“The world’s not enough, let’s go for the galaxy” and “the sky’s the limit for this stock” and quotes from Eric Schrader and John Story about this stock in the last two weeks. I think we have a long uphill journey ahead of us!
Yeah things haven't gone our way in the past DT, West Denver a greedy ex CEO. So maybe now his the time for us LTHs to enjoy the ride.
Few baggers can be 2 or 3....and could be 7 or 8....
None of us can predict....yet,one should also stay realistic...I have have my holding here for the long term so of course will be more than happy to see it continue to fly but I am also trying to keep a level of caution and not to expect things will just go your way all the time...
GLA.
"...so we could still see few baggers from this level in the next few years"
That's not why the investors are holding here (and that includes a lot of very high net worth investors) - this is not a share that will deliver a few baggers from here this is a share that will be talked about for years to come. These levels are still cheap and if you search for the VOX interview with John Story you will get an appreciation of why he has invested (and continues to invest) millions here. He stated that the SP at the time of the interview (around 80p) was in his opinion cheaper that the 10p levels last year. Think about that for while as it means he thinks this has a LONG way to go! The CEOs have referred to where we currently are as the "prepare for lift-off phase" so in their view we have barely started.
Don't rule out the SP having an even better year this year. Never stop believing
The bull run of this share in the last 12 months....
Looking at the SP chart this morning just amazed me completely....
Last year on the same date the SP closed at 9.15p,
A year later it's 11 time bagger!!!
Further more, if one was lucky enough to buy (and hold....) on the 24 of March last year at a close price of 3.05p, yesterday close will earn you 33 bagger!!!!!! Nothing but staggering....
Must be among the best best performers of the last 12 months, if not THE BEST.
Well,one can ask where we are going to be in the next 12 months???? Wish I have a guaranteed answer....I certainly know next 12 months will not be anywhere as rewarding, HOWEVER, the potential of the new business is massive (hence the good run of late....)growth expectations is massive so we could still see few baggers from this level in the next few years....as always IMHO
and always DYOR.
Have a nice weekend guys. :-)