RE: bounce25 Aug 2022 18:49
Degree of bounce depends on dilution. Paradoxically I think on the case of CINE an rns outlining dilution will help with reversal. I’m been in and out of CINE since the covid crash. I dipped back in at 80p and it’s been downhill since. However, my holding is now considerably larger and therefore factoring in reasonable dilution (e.g 25:1), I still think it’s possible to return back to previous baseline investment. I can’t see this going under without a fight - the fallout will be too great and now that covid is over and CINE on upward trajectory I think big lenders will bite the bullet and cough up. GLA!