RE: What happens at £2 ....30 Jan 2014 09:48
It has looked undervalued for some time so with positive results and talk of a dividend I would hope to see this through £2 soon and float up to £2.20-2.50. The company is performing better than ever, is making money and is looking like a solid player in the sector. No reason it can't be sustained at £2.50 and beyond. If you look at the broker views for this stock the vast majority are targeting £2.30-2.50 and if we hit that soon I don't see why those targets can't be exceeded. Personally I would be happy at around to £2.20-2.30 to take some profit and leave it long term to climb up to £4+ over 1-2 years