RE: SP falling like a stone22 Oct 2020 10:20
Morning Porsche - yes very frustrating to see the SP dropping after such a nice surge last week (or was it the week before?).
However, I don't think we can ignore the impact on the wider market that Covid is having - the downturn here coincides with the market overall taking a hammering - and any of the 'punt' cash is going into the Covid stocks. I've got long positions here and in some other H2 stocks, that's where my focus has been all year - however, my head has been turned by some of the Covid stocks that are showing some really quick returns. That'll run out of steam eventually so I wouldn't be surprised if the focus comes back here afterwards.
You only have to look on the BBC headline pages - at the end of last year you could guarantee a story every day about climate change, plastic, the environment, pollution, emissions scandals, anything of the sort - now it's COVID COVID COVID COVID COVID US ELECTION INCOMPETENT GOVERNMENT U-TURN COVID COVID.
Eventually the tide will turn and people will remember that the world is on fire and needs saving, and that is when 356 will look like a bargain - have faith and remember the fundamental reasons you invested into this company, this is where the future of power lies.