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Sentiments changed and ppl are coming to terms with a u shaped recovery and recession instead of a v..
With no earnings guidance the sad fact is no one knows what a business is worth at the moment.. and in turn alot of funds are on the sidelines
This was going to happen.. just strap yourself in for more volatility..
This ship will be fine in the medium.to long term..
Markets are just down.. they will go up over time but for now if your constantly watching it. Bad for ya.... Just leave an come back in 6 months.. you'll be smiling then mate..
Or come back when results are out itll look better then.. end of may
Haddy we've all don that mate.. results in theory should be this week..
So fingers crossed you'll be able to get out with a bit of profit. We shall see.. in a market that's up were down bit wierd. But this share does buck a trend or 2
How bad you think it'll get mate..
I think with all the stimulus that's been introduced globally, the markets are running on pure sentiment and no fundamentals.. however I reckon once business start reopening and people then come to terms with what's changed... prices will fall again before slowly recovering over the net 18 months..
Most others have bounced quite alot since falling this is one of the few that hasn't yet.. although has started today
Been holding these for the last 2 weeks and this share just won't move above 20 and when it does drops straight back down..
I know its had a torrid time with the management. And jan and feb losses..
Fingers crossed for some decent update on monday.. GLA