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Yep certainly interesting to hear what comes out of Friday. I have a small holding sitting at +27%, in all honesty would like to top up but staying cautious at the moment.
Ha. It is indeed! You’re the first to ever pick up on that on any board. Fits perfectly given my real name! ;)
Interested to know what everybodys long term target price is for this..
There is a chance that a new scheme with better terms for creditors is produced, voted for and then accepted by the FCA and court right? This only knocks us back a number of months but they have the cash to cope. Not all doom and gloom IMO. Im continuing to hold.
After such a great update I’d have hope for a slightly better increase than 4%. Echo what others have said about not a huge spike to get the sheep in, but I can’t see this growing by small %’s daily to counter the steady decline over the last few months. I hope I’m wrong mind, I’m currently showing a double digit loss and weighing up if to average down.
GLA all.
It just doesn’t make sense for them to open it up, knowing people will drop their pants, if they wasn’t atleast 90% confident it’s all going to work out. They wouldn’t cut their nose off to spite their face.
Good opportunity to buy the dip IMO
Forgive me if this is an obvious one - but IF immediate insolvency isn’t actually a realistic issue like the FCA claimed, is that not something to be positive about, if true? Or does it mean insolvency just comes in a few months instead?
PS. Big thanks to ISA for the phenomenal coverage today. Legend!
I think 1.30 was the bottom and as such I've just almost doubled my position at 1.35 (couldn't catch the 1.30). I've seen this share move off no news at all, so im happy to hold out for another 6 months or so until some actual good news comes and sends this flying.
I've an average of 82p so im still up around 22%, but is anyone else finding this share so frustrating at the moment too? Its a big struggle to head north but seems to fall so so easy. I may give this till the end of the year, if it isn't 1.30+ then ill be out.
GLA.
Hi Pala
You’ll probably get a more detailed answer from someone else but Rolls has many other arms like defence etc which draw significant revenue on top of the aviation industry rev. In old money the share is currently around £3.50 (someone correct me if I’m wrong) and it was £6.50 just as covid struck so there’s still much room to grow when simply just comparing to that. My personal price target is around the £2.40-£2.50 mark, and I’d like to think I’m an optimist..
So frustrating. I've had orders since late friday and top up attempts this morning yet to be filled.
I may just switch to HL for future trades. Im guessing the regular shares ISA is the usual/best one to use for us low level millionaires wannabes?