Got in this morning at 1.96 as I see this as nothing but a growth market from here. You take a gamble on oilers who may hit a duster and crash but in this media era this seems a very safe bet for big future growth.
It also dropped like a rock ( excuse the pun) during one trading session which lasted no more than a few minutes as mm's wiped up heaps of stop losses before taking it straight back. Having watched that happening I would caution anyone putting stop losses on here.
Easy 50 percent profit here in the sort term. That being about 4 weeks which I appreciate is very long term for many aim holders. What bank gives that sort of return? The bank of Tiziana - lol !!
In all seriousness, when this turns....and it will turn, expect it to rise at a very rapid pace indeed. Right time to switch off and do some garden work. Unfortunately sheds don't build themselves !!
Shiraz, agree with all you say but am going to be a bit pedantic. It was an "offering" not a "placing", the later often bringing negative comment. Let's hope for a blue day.! GLA.