RE: DF best test29 Jun 2020 16:37
Whats not to like ? I`ll tell you whats not to like is the sp. I like everyone else flower things up in my own mind, now its dropped I`ll top up, wait for the DF and boom etc etc. Well at the end of the day, everyone is here to make money, the speeding ticket prevented a good 30% minimum for most and the placing has as usual ****** the share price. If you want to wait for further news which I think there will be but now I would`nt be so sure about the market reaction. There`s always some excuse speeding ticket, placing, design freeze priced in etc. (I remember laughing when somebody said it was, well they were right!) Who`s to say there won`t be another placing to satisfy orders, the price and distribution is controlled by the government , there was the potential for plenty of good news on the sp today but there was`nt.
Another quite important thing here about 6 weeks ago the market was in an absolute frenzy about covid and the hype in this situations is massive as shown by the big rise the same day as the interview (and indeed in other covid shares). Testing will still be massive but that hype and sentiment is slowing which is the main reason for the world and his wife not wanting to buy and thus depressing the price.