RE: PHE Directors10 Jul 2024 11:37
Dusty
Given your post a tick as it sums things up perfectly.
I've tried getting Castle to explain how he gets to a prediction of 12p a share. But to no avail.
You can't come on a bulletin board and keep repeatedly saying a future share price without explaining the thinking behind it. It's not about being negative or deramping to ask why 12p.
Is it because that was a previous high?
Is it his lucky number?
Has he had a go on the tombola?
Is it his IQ?
If it's based on figures provided by the company which, let's be honest it should be, he's working on a PE ratio of about a hundred to get to an Mcap of about half a billion pounds.
Either that or he's disputing the figures provided at the recent AGM.
There's also talk on here about a large seller.
I can't see anything whatsoever to back that up.
There's only so many times you can reply to posts that question the large trades, the buys verses the sells, the grey trades etc, explaining that it is just normal market activity.
There is a mindset here with some that is intractable. They have convinced themselves they are going to make a fortune quickly, have invested on that basis, and now things aren't panning out as they thought have further retreated into their blinkered, entrenched analysis.
Not all holders I must stress. Some, like Scoobydriver, are at least approachable and have an open mind to what's going on here.