RE: Mumsnet19 Feb 2021 10:36
Completely agree, couldn't have said it better. Everyone loves to point the finger, but let's be real... we're still amidst a pandemic, and we're approaching the end of tax year (possible capital gains tax changes coming). Look at the sector as a whole... PHE, AFC, and ITM have all taken a slamming. Not a coincidence, and that money will be back soon enough. 2021 is going to bumpy for EVERY market. The best time to buy is during periods of uncertainty. These dips are a blessing in disguise and not many realize it. When things clear up we will see big movements in this sector once again.
Always see a lot of emphasis on share price here, but market cap is where it's at. A large part of being successful on AIM is about having the ability to identify bargains in comparison to sector peers. A lot of us here did exactly this when we had a 50m market cap back in September. This ability combined with patience and solid research is key to success IMO.
EQTEC - Market Cap.. 130.95M
PHE - Market Cap.. 272.54M
AFC - Market Cap.. 396.30M
I still classify this as a bargain, but I'll let you decide.