RE: Time for the up15 Jul 2020 12:11
@Ash, your predictions are no more founded than anyone else’s, so there is an element of hypocrisy/irony to your post. You say the share price is where it is for a reason....yes, because they’re closed! Which will at some point change.
This share has potential to swing either direction in a large way. If reopening is delayed further, that could easily see us to 45p. But If the opening goes ahead as planned and studios don’t further delay big releases, CINE could see 30%+ gains within a very short time frame. We’ve already seen it break £1 a couple of times and you could easily argue that with a fully open portfolio of screens, £1 is grossly undervalued.