RE: Thoughts .13 Apr 2022 14:07
I bought in in Dec 19 after one of the biggish drops to the low 30s thinking it should bounce back within a year based on its cash position and potential. To say the performance has been underwhelming based on those 2 factors since then is an understatement. I think the truth is, while Guest is at the helm, despite talking a good game, has delivered very little so far and don't see that changing because why does he need to. No large shareholder on his case pushing for change / improvement. I smiled when some of the posters jumped on the slight rise Monday / yesterday thinking this was going to take off, and probably now realising they misjudged it. Its only stubborness that is keeping me in with an average of 30, but if it ever gets near 40 I am definitely out. If you look at Director buys 2 years ago, it was around this time that they bought some, so wouldn't be surprised if it was the same thing here. Or the company buying some as part of the compensation package whilst having delivered not much. Lets hope I get proven wrong in the very near future so my 40 target gets reached.