Now oversold1 Jun 2017 17:48
Well I must confess that I share your discomfort JDF7. I topped up on 24th March at around 21.75 to bring my average down in the hope of boost on a decent set of results - what a good move that turned out to be (not)! Today has seen yet more aggressive selling and a further drop, but I was cheered a little by the £69k buy just before close. You don't invest that kind of cash on a whim so someone is obviously confident of a turnaround here! Not that I place too much store by broker ratings but Panmure Gordon have consistently rated this as a buy and, although their target price has come down in recent times, right now I would happily accept the 39p target they had on it at the end of March! I am about two thirds down here now and like you won't be putting any more in, at least not before seeing clear signs of a reversal in the trend. Hopefully that will come.