Long term thoughts12 May 2023 08:00
I sold EUA at a loss last year, and the SP has nosedived since, but I sometimes still check the sharechat. Obviously there's a lot of optimism / wishful thinking, but someone did post about how they used to hold dragon shares before it folded, and how at one time the SP was sub £1, but eventually went as high as £8.20.
Now the reason I'm posting this is because whilst no-one knows what the ceiling price will be, or when that will happen, Richard Sneller may well have a get a vague out price in mind, with many variables to consider. Not only does his most recent purchase give me hope, it's the fact that it's so soon after the consolidation too.
All investors are welcome, but some are more exciting than others.
Obviously DYOR, but thus far I have no negative thoughts about the consolidation, and despite not having a crystal ball I am definitely holding as stranger things have happened and I'm pretty sure other companies have seen a surge over the years. Let's hope TRX is one of them.
GLALTH