RE: Valuation is ridiculous !!10 Sep 2024 19:49
Yep. That’s the thing. The uncertainty around the tr1 holder has created opportunity. As I said nobody knows if they are selling all down or not. Some who bought at 15/13 etc may have stops being trigged and some will have bottled realising they won’t get rich quick in 24 hours, some may have taken profit from the 8s, then there’s the opportunists looking at fear and the year low and picking that number as their target to buy.
Low volume today and no block selling.
Maybe one to switch off. Remember well with costain. It took a while but year later here 100% rise and divi. Value should show eventually and diamond prices should come back to.