RE: Bonum whats your prediction this week?3 Feb 2020 06:44
I'm not sure in what'll happen on any daily basis Charlie and tbh, that sort of timeline is of no real importance to my outlook - however, over the week as you ask, I would reasonably expect it to be significantly above the current level, as the market anticipates the conclusion of the Mutual Fund and the condensed raft of Newsflow that we can expect thereafter.
It was good to see the price take somewhat of a 'breather' on Friday to set up a stronger platform for continued Growth going forward.
Do I expect it to be well above 4p by Friday - YES!
......and thereafter 6,7,8p with strong Buying on dips as the aforementined condensed Newsflow pulls the price upwards.
Certainly and with some justification based on historic prices (when we were much less advanced) on a like by like basis accounting for share isduance, anticipate it to be well into double figures by Spud.
That doesn't even factor in for the Farm in, which seems highly likely now.
The potential here is for a massive ROI from these levels and within a relatively short time duration.
Atb