RE: There's a groupthink here that 5p is pretty much a given!12 Apr 2024 09:28
I was in a share where I thought this and it didn’t it was painful , the board said many times sp, transformational, if we win the court case , they were offered an of court settlement which to all shareholders ment what they said , many times sp , they released an rns , it was 42p we all thought it would open up huge , it opened 76 , then fell straight away to 56 , what we didn’t know was a company that had a large shareholding i the company was selling millions , and they got away with it , the next rns stated they had settled towards bottom of target , I sold at 42 luckily , the sp is now 21 , never ever totally believe in any company, it happened to me in William hill as well when they was taken over , but hopefully this will b the one