Still Lots of Emotion here18 Jul 2019 18:38
It will be difficult to hold what I consider to be sensible conversation on this share for a while yet as there is so much emotion still connected to the drop a week or so ago.
There has been some Good news this week and a welcome rise.
However, trying to identify the sensible opinions on the future is clouded by the more extreme views.
Some lost out heavily when the news landed a week or two ago, the SP crashed and some sold out at massive losses. The sense of having been, at best, very badly led by the BOD's will remain a bitter pill for a while, I get that. I lost too, but a far more manageable amount (£1k). I have held and hope to watch it rise up again over time.
Some people may want to see this share continue to bomb, maybe justifying getting out when it dropped 75%+.
Others are overly optimistically heralding the news of the last couple of days a fast track back to around 4p.
Finding the prudent, realistic, dare I say truthful pathway to discuss this (and other shares) is always difficult because of emotion and not always knowing people's true intentions.
For me - I am a small holder here invested £2k which now is valued at £750 - but I will continue to hold.
Looking forward to continuing reading and discussing this share, from less extreme and more middle ground!
John x