Until life returns back to normal there's nothing to say this won't drop back to 30p or maybe lower. If the BOD are responsible they must cancel dividend payouts. As soon as lockdown is removed and cinema reopens, this will easily reach 150p.
RE: Considering they raised a million quid27 Mar 2020 12:20
Barke. While you are not wrong, for me, the problem is the 'reorganisation' of shares. The sole purpose is to enable further placement and dilution in future. Possibly in 6 months. So why should I invest now???...
RE: Reckitt’s Benckiser’s Coronavirus benefitting products24 Mar 2020 16:44
My only guess to why this hasn't risen is that RB. have been unable to procure some raw materials from their suppliers or Tier1/Tier2 to crank up volume.. I still think this is a strong buy.
RE: Current worth 52.29% below Placing Price23 Mar 2020 10:50
Businesses are shut. Noone wants location data. Are these guys even at work? I guess these roles can be worked from home easily. Unfortunately I missed the cut off point.
With China reporting less Corona cases and the US and Europe shutting down, global market volatility is only going to increase from here on. As IG has already achieved 37% of prior quarter's revenue, then the sky's the limit really. Strong buy, and at a bargain price.
Hi Aerial. Just for your own wellbeing, I'd suggest not to think too much of this share anymore. It's done. It's over. For as long as Mark Slade has his institutional investors backing him, he has a good business for himself and himself alone. David Rae too. That's it. It's no use for us shareholders. We are just too small a percentage of company ownership. Mark doesn't care about us. Never has done. He will keep raising placings until kingdom come. Next consolidation will be when not if.
That's the thing though this is not a "death plague", everyone is running around like as if their skin is turning inside-out. Talk about overreacting!. Majority of people recover. It's not the end of the world.
On 5th price was 115p I predicted 50p and it's just getting lower. Could be that shorts open up again if there is no sight of vaccine.
Could be a good time to buy but graph shows no support. Could drop even further. And unless there's any progress on covid vaccine the uncertainty around covid could reduce sentiment further