Red or Black15 Sep 2020 10:47
To me, investing in this share is a bit like going to a roulette wheel table at the Casino and taking one spin. It's the odds of success / failure and the amount of potential loss / gains that we might all have different views on.
If we get great Covid results, then the SP will likely rocket. Hey, even if it only doubles it's like a spin of normal roulette.
On the downside, if the the results bomb, then we're back to COPD, the SP will drop significantly (back to where is was before July 20?) and then maybe there's a chance of another roulette spin at some point, but with different risk and different potential gains.
If that's the case, then if the SP is 180 or 210 or even 250 at the moment, or if there are big predictions about the potential for COPD, or if there are stories about vaccines or COVID fading, it doesn't really matter in the grand scheme of things. It's all about the Covid results right now and whether investors are confident or not about the outcome of them and whether they think it's worth the risk / reward of that one spin on the Synairgen roulette wheel.