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Am not too worried about the price at the moment the ftse is barely up its just a waiting game.
I'd question the science behind the 1m+ rule. When you exhale, cough or sneeze, even with a mask on, your breath (micro droplets) is going to linger in the air for maybe 30 seconds or more, extending at least several feet from where you're stood. Even if you're observing the 1m+ rule, in a queue inside a coffee shop for example, you move forward to the next spot on the floor, the person behind you moves forward straight into your cloud of invisible expelled breath droplets. Masks do very little to stop a virus as they can easily pass through the fibres (unless it's hepa grade) - what I'm saying is the damage these restrictions cause businesses are severe and the upside to them being in place is extremely questionable to say the least. The sooner the government gets rid of these ridiculous restrictions the better. If they are axed on June 21st, I think its safe to say share prices will jump strongly on the news. Social distancing in particular is extremely damaging - affecting footfall which in turn affects turnover and profits. Get rid of that and the share price will really begin to motor upwards - back to very near pre pandemic levels.
I thought we might see a rise today given pretty good news over the weekend. I'm stuck here with an average of 96p, wondering whether to cut my losses. It just seems ridiculous that it would fall so much from a recent peak of c110 just because the founders want to retire.
Have to be patient with this one, it will rise soon enough. Remember buying Marstons at 67p last year watching them drop to 38p and thinking what a mistake, held tight watch them rise and sold out at 73p and look where they are now just under a £1, so I was patient but not patient enough lol ... hold and sit on your hands..
Yes, I'm in Mars as well as here. I'm staying in both as I do like both of them.
I've also got a small holding in FUL as a punt. Hoping to exit there @ 50p and possibly split the profit I make between these two. That's the plan anyway.
But then, best laid plans and all that!