RE: Drop23 Sep 2022 13:20
bob...perhaps it would help to separate the SP from the company performance. Even on listing this was valued at very very multiples on earnings, which at the time didn't make me invest. Now, even with proven growth and a bright future the market sentiment to valuations has turned sour. That in itself doesn't affect the business one little bit given that they have cash and a pathway to further growth.
As a recent investor I am already 16% down but would I top up ? Nope. I accept you can't time the market and will sit it out for the company prospects haven't changed just the pricing. Easy said I know but when I have sat of heaviers losses in the past and maintained a conviction I have done very well in the long run. Too many traders make comments on the daily prices which in the scheme of things they can do nothing about. I think I would be in the minority here is hoping this never get taken over. Too many great UK companies get sold by short term greed. I hope this isn't one of them.