RE: Target Price23 Jun 2022 11:13
Survey I have to strongly disagree with you when you say attendance levels are irrelevant at the moment.
If we lose the case it will be those attendance levels that will need to be shown to convince any lenders if that's the route mooky wants to go that the buissness Is recovering. And worth lending more money too.
It's the same attendance numbers that will pay of the debt , and of course daily/monthly buisness costs. It's my opinion that while the court case is of course extremely important and may well be holding our s.p back , they compare little if we don't have good attendance figures.
It's like saying a fancy restaurant not having diners is irrelevant right now.
Or a local bus company not having passengers is irrelevant because they both have court cases.
It's the progress I see in the trading updates and returning numbers for the big films that keeps me here , the court case we will have to accept we might not win , some won't like hearing that but it's true. But while we are not recovered for me it's clear we are on the right path buissness wise and I still believe in my heart that makes our s.p incredibly undervalued.
Back to original question , I have more shares then I would like at a average of 40p , my investment here has been a disaster and I will likley top slice at 45-50p to bring my holding down to a more comfortable size , while averaging down is good it also makes the share holding increase lots.
I always wanted to double my money so will be here till at least 80p where I will prob take some profit which I should of done many times before and then stick around longer to maybe Β£1.10-Β£1.20.
This in my opinion is gonna take a lot more time then people think, I personally don't believe we will see a quid in September, with luck we do , but with my timeline estimates I will be one of the last to get frustrated with the s.p as for me this clearly needs a lot of it.
My opinion of course