RE: Peach of a takeover target1 Aug 2022 15:31
If one looks at a 20 yr chart here and one asks themselves if they knew nothing about the underling security,would one buy ?,the answer would have to be a resounding "no way ! ".
I have a half position long here at £11.50.I have said on a number of occasions, that this current price level is critical.If the bears can nudge this below£10 ,then £7.50 is on the cards.I will not add until I am as sure as one can be that £10 holds.
Best of luck folks,caution required regardless of how fundamentally sound the company appears,after all, if insiders are selling should we be buying ???.Not meant to be a de ramp,just a best guess.