RE: Closing price Monday - Competition23 Jan 2022 10:18
Nigel
If the RNS is very positive, this will open up around £5 imo.
The then ‘less risky investment’ will obviously mean you will have to invest much more money for the same amount of shares.
£10k will get you approx 5000 shares at todays price.
With the above scenario of post RNS, you will only get approx 2000 shares.
Upon news, there may well be a pullback in SP within the next few days, as some investors will inevitably safeguard some profits.
The lower SP will then enable better value if you are able to time your purchase before EUA and potential orders arrive.
This is hypothetical, of course.
Good luck, whatever your choice.