RE: The more it drops...2 Mar 2021 09:21
The SP is out of the ‘simple’ traders hands, big boys playing with this IMHO. What we do know though is that SP never goes up or down in a straight line only. Think this is now around 20% down from recent highs so unless something very negative is going on behind the scenes that only insiders and privileged few know about (highly unlikely), this is simply being positioned and a big rerate should come - as was the case when we were stuck at the old 50p price last year then it took off. Logic, sentiment, news and everything in between says this is only going one way when looking forward this year and that’s up!! GLA