RE: Today20 Jun 2021 14:04
Do remember though, dow use to hover around 29000 mark, only in the last 6 months, its hit 34 to 35000, clearly shows, alot of other stocks have shot up in the last 6 months to pre covid levels or higher but capita shares has been on a down trend, so it shows, dow could rise or drop, but capita shares hasn't moved when ftse was rising. capita share has been lower than pre covid even after capita is in better shape than before lockdowns. So it shows the risk of it dropping is very low as its not left the ground and that its way undervalued...u would be right if capita shares rose when dow rose and ftse rose, and capita share rose with it. If that did happen, we would be sitting around 60 to 70p yet were still below 40p. So making assumption that if dow drops and ftse drops, cpi share drops with it, but wouldn't rise when wider market rises, then this share will never rise on that assumption, so in conclusion, u and i know, market cap is very low, so upside potential is far greater. One organic growth is announced, expected this year, this will moveee...imho