RE: Director's Loan and Coronovirus.28 Feb 2020 10:53
Its simple. Investors sell their risky assets when the markets are in a panic. Rainbow naturally being one of them.
Again however, not much has changed and this is potentially a great price to get in at. CEO has used personal cash which is a huge confidence booster, if the company is short of cash then him providing it is the best scenario to have assuming they can meet their targets.
I truly think there is a lot of potential here and those that are willing to wait and ride the waves of small cap stocks will be paid in the long term. There are too many strong tailwinds to be caught IMO. We shall see what they come up with at the next results. Happy to admit I put £20k in at 7.5 and haven't sold a dime. Its made clear by the Chair AP that this is a Med to Long term op, not a short term bet...