RE: Predictions?6 Mar 2021 20:27
Thank you to everyone that responded. These predictions are only our "guesses" for want of a better word. High's from 12p to 28p. Lows from 2p to 4p. It's interesting that a couple have predicted only a 5% chance of a deal. I personally think that is way off. Surely a deal is greater than 50%, after a couple of postponements due to COVID issues, otherwise I think the deal would have been done by now. Maybe a 5% chance of Eli walking away is more accurate. Just my opinion of course.
One thing is for sure we don't have long to wait. I have always favoured a decision in the second half of March, rather than early March. Why wouldn't Eli take full advantage of as much time as possible of the 3 month extension I say. Meanwhile while we wait the MM's and shorters will try and bring the price down as much as they can. Let them. There are no losses unless you sell, only paper ones. I truly believe we will be in a so much better position in only a few weeks. Definitely double figures.
As always, DYOR, and GLA to LTHs