RE: 90p placing price23 Jun 2021 15:58
You are correct Nate, people do get too emotionally attached to shares. And TGR was always likely to pull back after that swift rise from 90p to 150p.
However I do also think that people that like the fundamentals and believe that TGR is a great LT play (like yourself) have taken money off the table at 150ish, and would very much like to buy back in much lower. Thats why we see posts like "back to raise SP" or "has anybody else noticed the gap at 90/95p" etc etc. I certainly believe that they try to put seeds of doubt in investors minds hoping they sell and the SP drops even more so their re entry is as low as possible. But hey, maybe im just cynical!
Anyways, for anyone that bought in the 140s and 150s recently, you might have to suck it up for a little while but this company is going places! Revisit the presentations, the interviews, the RNSs.
A positive next few years. Good luck all.