RE: Target price in mind26 Jun 2020 12:57
it is the SP plain and simple because ...
£10 (+) is psychologically way too high for most retail punters who believe because they can buy 100,000 shares at 1p for a £1,000 outlay it gives them a much greater opportunity or chance to quickly double their money than lets say the same £1,000 invested here buying 100 shares at a tenner.
its a completely irrational and flawed 'investment' concept and its why 90 odd % of 'retail' punters lose their hard earned savings chasing their get rich quick mortgage free retirement dreams on red hot penny shares.
PS
the examples you used are massive companies in their own right who have every HNWI and pension fund in the world investing in (and out) of them, whereas here, with so few shares in free float circulation, that's NOT the case.
chalk and cheese so no real comparison.
anyway far too nice a day to be sitting staring at a screen worrying and whining on and on about why the SP is not moving or recovering at the same pace as the price of oil or others ... you know the ones who have their SP in the 'psychological' double digit pence !!
nice and steady as she goes cap'n
after all no rush :-)