RE: JB CONTRACT - EXPECTED TOMORROW3 Sep 2020 22:45
Echo1-
I agree think we will see huge selling as soon as reaches 20 given that’s the benchmark JB has set.
Any long term hold can potentially lead to huge gains especially come October with the level of redundancies and uncertainty in the market with banks becoming more stringent to lending and therefore people do need credit!
Again the only problem with Amigo is the FCA investigation and when they will actually begin to lend again. Although cash burn is not astronomical, the more this prolongs the longer it will take for SP to go anywhere near former levels.