RE: Top up before £111 Aug 2020 13:23
The share price has risen because it was undervalued due to risk.
The risk dissipates by the day. The Standard and poor’s re rating was a strong sign of the recovery.
Ongoing the debt issue will become more affordable and manageable which will also instill more confidence.
The hundreds of millions of profit coming from the Valkyrie early next year will go straight to the bottom line and debt management.
I don’t see any reason why we should have any meaningful retrace unless the general market pulls it down as well as some profit taking.
On CINE, I know they have risen rapidly but I cannot invest in a company that has no time line to return to normal. If you are betting on an early vaccine then CINE is a good way to go but personally I am a skeptic on the “Cure”.
Things will not go back to hundreds of people sat shoulder to shoulder in any short term even after the vaccine is proven and starts to roll out.
Just my opinion and good luck to all.