RE: Patience is a virtue31 Dec 2021 08:29
Excluding technicals, if you look at facts, then an investor at these prices is almost 99% sure to make 15% on their money at these levels as the prices that the CEO can exercise £1m worth of shares is at 7.8p.
Obviously she will have incentive to take the share price MUCH HIGHER than 7.8p, but I see 7.8p as the worst case, which still, even 15% isn’t bad at all.
Still sticking by seeing 25/30p in next year though.
Cellular Goods haven’t played any of their cards and that’s good.
In order for share prices to be affected the most by good material news is from the market not expecting this material news, and that’s why we dropped off after the launch as it was factored into the price.
For Cellular Goods to get the most out of the material news they need to surprise the market and investors, without giving anything away before this, and I’m pretty sure that is what they are doing.