RE: Risk?14 Dec 2020 10:07
To be honest The easy upside is a lot more limited compared to last week, I expect 15p will be hit and maybe a couple of 17p (with a 2p spread) trades after option excise rns.
But now it’s around fair value, so it’s a buy if you think they will come up with something, not a buy because it’s very underpriced and due an inevitable bounce.
Obviously any news on acquisition will change the fair value price.