It’s all about timing20 Apr 2021 10:07
Everybody knows this share is greatly undervalued. As soon as a major opens their chequebook, the SP will go vertical VERY fast.
But...those who have been here for a long time have come to learn the cycle of events and will be waiting to reinvest at the right time. However, this year we may not follow the same cycle as there are a lot of variables that make the prospect different from previous years (the biggest IMHO being DWs departure). Nobody knows when the chequebook will be opened or who will open it but it will happen. The question really is, will a major invest without a flow test? Potentially, they might.