I first bought in at around 60p on the way to that 80p, bagged a few more around the 70p mark and then watched it fall!! managed to average down to around 40p but can't bring myself to put any more in and average down further. Just have to sit and wait now and hope for a decent enough rise.............
we could be valued at £1 billion a share but until the investor confidence comes back and the money comes back into the markets to support more buys the price wont move unfortunately.
and in a non-covid world we would probably be there,however investors are being extra cautious which is limiting the amount of money in all the markets and consequently this is holding our value back. its just been one problem after another with this share unfortunately.
I've also just had a small £1.5k top up, mainly to bring the average down on my holding prior to it taking off (I hope) currently showing as a sell though.
Just had a message from my broker about a proposed share consolidation at prim? 20:1 ratio with the aim of reducing the spread percentage and attracting buyers?
I've got a feeling there is going to be a RNS released tomorrow, may well be wrong but looking at the patterns of previous releases, it suggests one being released tomorrow.
RNS out, looks positive to me? Robust processes and outputs in place, just hope this isn't the signal for the government to jump in and start making more trouble for us!!