We will have a vaccine by the end of the year, I have this on good authority. This will shift the focus of the market in the next 6 months. Markets look forwards not backwards. With a vaccine in place markets will rally hard particular transport and travel. This is why 300 is possible in the first quarter of 2021. My reasoning is that the business is in better shape, and can grow from here with cash in the bank.
Price dropped this morning to force out the nervous sellers. Huge pull back as sellers could not be found to fill orders and people jumped on the opportunity. Only way now is back up.
Just checking, that we are still in profit even through the worst pandemic. Winter was always going to be tricky but across the world people need to travel. Hold on in there.
If we get to next stage 50p, if we get green light 200p. However I believe China will buy the license for about 120p a share. As they will get the go ahead. So I reckon it’s still a good gamble.