RE: For any Rainbow chasers today:-20 Jul 2020 10:51
Monday on no big RNS was always going to be a choppy day in my view, I’d be happy if we held 19p on close as I think that would set up up nicely for a rise upto 22p later in week
Another week down and what a week it was, think we can call that 20p close it’s near enough. I don’t think they will be too many weeks left watching this share, not in the club that think it’ll be sold within a week or two but we never know. I get the feeling it’s going to sell and surprise people more than is already expected. Somehow 50p seems like less than it did a month or two ago. I may be wrong but £1 now seems like a reasonable guess in my head. Have a good weekend and GLA
My expectations would be, we first finish Friday above 20p for fear of missing out over weekend. Maybe see a dip to 19p early next week on no news. But then once 20p is held for a day or two the price could rise to 25p on no news. I’d expect news of a sale or an update by mid august, then if a sale was notified I’d hope it’d be completed by end September. Think during lockdown we’ve all learnt that people with dooms day views either don’t want this to do well for their own person reasons or they’re just bored senseless and in fact have no solid facts to support what they say, We’ve got one of the best BODs going and the resources sat there in the ground so in my opinion the negativity is pointless at this stage. I’d expect for 50p as minimum and hope for £1+ good luck all
Topped up all I can now, all in on this share hold no others anymore. I’d the big boys buy at 20p it can’t be bad surely. Now the final wait. Good luck to all
I remember a guy saying a few days back he reckoned 3 months for a sale to be finalised? what do we think and also is there an advantage to flanks being released separately and not as part of a deal?
As a wild guess id like to say wed receive next big RNS or a hint towards one by the middle of august
waiting for next news won't bring a lower sp in my opinion. Could we go to 30p or even 40p maybe on flanks news. Not forgetting a bid offer could land any time?