RE: When is the deal signed?26 Jan 2025 10:16
“We all stay patient”
Well said Sir. Please excuse the fact I’ve forgotten the name of the company. A friend of mine had a significant holding in a financial services company. It had had its ups and downs, replaced its CEO, and had been turned around. It was trading at 8p a share. Research notes suggested it should be 40p a share. RNSs came and went. Nothing seemed to change the sp. Until it did. Almost out of the blue it re-rated to 40p. There wasn’t a ‘huge’ RNS that caused it, it seemed the market just woke up.
That’s what I’m expecting here. One or a few more RNSs to trigger more interest, then up she goes. Hopefully our persistent seller can sell into that, and the brakes will be taken off. Staying patient is frustrating, but key here.
Hope everyone is having a safe weekend. 💨💨💨