Sorry I was thinking you were asking about short to medium term. I would say longer term probably about 60p but that is a year at least. £1 would be a stretch but very possible.
We will have to let the market decide I guess. I'm not great with wave length estimations but I'm guessing it will see 10p-12p before a meaningful but long retrace.
For the record I'm thinking an extended 5 as seems to be common in aim stocks, one worry is the retracement is rather harsh but it always overshoots a tad.
Better get in before the weekend as this won't be below 6p for too much longer, question is for any Elliott peeps, is this a wave 5 coming up or just a wave 3 of 3?