The fact is Mobico do have assets that can be sold in the USA. I recall Stagecoach coach shares once collapsing and picking back up. All I’m saying is this feels like a bottom
I understand what you’re saying but in the pandemic I recall this being over £3,00 and people saying similar things like it was going up and away. It rose just under a £1.00 to over £3.00 in quick time.
Looks like Covid is back in the News. Surely if the sales keep rising Boots will issue a statement like last year. Penny may even put a RNs out stating COVID sales are up . This FLIRT variant seems to be causing a rise worldwide.
My personal view is this needs to break 50p with strong momentum and high volume otherwise more pain short term. It’s critical it pushes past 50p but if it can the upside would move quickly. Once again no 50p break and the downside continues