RE: My tuppence7 Jul 2021 10:12
SP on 7th January 2021 close was 25.6p, 50% rise every 6 months (as CF regularly reminds us) suggests SP today should be 38p but here we are sitting at more or less the same price as 7th Jan.
On 17th June (when SP was 30.2p) CF stated that in a few weeks we will be in a very different place. Everybody, I suggest including me expected that remark to be positive but clearly it has backfired as the news he wanted to share with us is not available to be released and every day since those 2 weeks expired the SP seems to be drifting lower (around 1p a day).
How good the news will be is anybodies guess but will it be enough to get us back in the late 30s, I doubt it.
Where will it bottom out, who knows.
I'm a LTH with an average of 13.7p so plenty of time to wait for this to reignite and hopefully CF's plans will deliver. In his presentation on 17th June, the format of which he said was his preference, he said that he wanted to do one of those type of presentations every month. Well let's see whether he keeps to his word, nothing planned yet for July but plenty of time left for him to schedule something.
GLA