RE: Someone is losing the plot??16 Nov 2020 23:01
£1.20 is my target to consider selling. My only reason is that the shares had fallen before Covid due to a pretty lackluster update to around that level. However, they seem to be turning a corner. My other issue is why if someone was going to bid wouldn't they have done so when it was cheap. Why wait until the price is higher. I fear that the long held bid belief is just one of those mythical things that everyone says is going to happen but never will.
However, if a nice dividend is reinstated (not talking like 1%) then I'd consider holding. If not I'll take my money and go put it into something else if there is something else attractive. Some shares I am happy to hold a long time, this one I am bit more wary of its history has always been choppy but it has made me good money a couple of times now.