RE: 120p target to catch up3 Jun 2020 22:56
Even if you give the NAV a 50% haircut, (well overdoing it IMO), from the MCAP in mid Feb Pre-Covid, still assumes an sp closer to £1, margin in sentiment in return to business ..I see £1.10 to £1.30, rolling into and onwards from mid June. How they plan to play it further will be a testament to their business acumen and financial prerogatives.