Just hold11 Nov 2020 10:38
been invested here for a while, not looked at the SP or this board in ages.
Seen many rampers and de-rampers come and go, one thing remains - this is a profit making company that is growing.
Whether it's medium or long term, the SP will rise (especially once some of the recommendations from the QC report are implemented and a new auditor is placed). The noise will go away.
Also, the covid vaccine wont make a difference here, BOO was already around £4 SP before COVID! and since then the world has changed forever. People will shop online more than they did before COVID - think about it, quite obvious.
This is just a market reaction to bring down any stock that is remotely linked to online/tech, and promote the more traditional stocks (like oil). Even if it doesnt make sense for stock like BOO, the MMs will happily take back the shares they sold you for a cheaper price. They are opportunistic remember.
I'd just hold and look away for a while (unless you are desperate for funds or a day trader)