RE: Nothing wrong with this6 Jul 2018 12:59
Stuart. Of course it makes a difference to your profits, but only paper ones. Would either price make you get out of the share? If you would stop out at 1.2 or take profit at 2.2 then of course it is important to you, and i fully respect that as a trading strategy, though it is not mine.
My point was that , i am in this share because it has almost unlimited upside potential. People throw numbers around without really understanding their importance. What those numbers reflect is MC and if there is a BO or JV for each of the properties there is no limit to where it can go. Mr Beetham said he was looking for 10p... I reckon thats a good place to start.