RE: I’m holding until 202823 Sep 2025 10:14
TBH I wouldn’t be happy for the shorters to get out at £1 and I (imho) feel that you are selling yourself short at that level, but of course we all have different outlooks and opinions.
With those 23 Million shares added to the pot, as in effect all of those shares are currently duplicated with one holder having loaned them out and another bought them again there is a “skew” in the value of the company which no one knows what that is until they exit. Also that value changes based on company performance.
My feeling, if 23 million shares had to be bought today ( ie the lenders called them in, which they can do at any time ) then that would push us somewhere near £2 a share. There are too many investors who are well funded who bought at £4 and of course we don’t know how many others would sell under £2 ?
Interesting situation, I am going nowhere, this is long term for me, but everyone needs to have their own boundaries.
Clock is ticking, bums are twitching