Volatility2 Jun 2020 19:09
I think at the moment, given the lack of "substantial" news since last week, we can expect the share price to fluctuate daily. Seems to be holding well between 75-85, and really, looking at the historic prices I would expect with concrete news about the lockdown lifting and cinema's opening on a set date we'll see a substantial rise.
I've seen speculation that "cinema won't return to past highs", and personally I think that's bullcrap; the cinema experience is always going to be relevant. My personal difficulty with this investment is seeing the fluctuations and avoiding getting sucked into pessimism, or thinking "oh crap I could have bought in slightly lower" - but optimally within a few months this could be a double bagger at least.
Anyone offer insight into how the Cineplex potential acquisiton could impact the share price here?