RE: Adam31 Oct 2019 13:41
Sam honestly mate anything is possible, without newsflow no i dont think 5p is possible. 3.5-4p yes not 5p.
However i do believe holding over the next week or so will see us breach 5p just with who is loading up (traders will likely leave the building prior to friday close) and so long as the mcap stays above 50m insti’s will be adding more at these prices.
I d believe next week we’l have TR1’s and possibly newsflow from the company which again will help but over the coming weeks this will start to reflect the value of assets and continue to move up steadily.
My advice to you is, derisk when happy and leave some in for the end game as thats when the real money will be made. A deal may not be concluded for a month or 2 yet however ‘when’ (as mentioned on yesterdays interview) and not if we get an offer that will be rns’d and if its around the region we expect this will go crazy.
Hope that helps. GL