Nothing Much6 Oct 2021 15:11
After reading this board for a while, and having a boring day, I thought I would post up. Now given I have a history of making the wrong decisions and people would best do to do the opposite of what I think. Here is what I think. Bought in looking for a recovery play at first 127 then bought more at about 105. Obviously did no research initially. Anyway, given the dilution i think the 160 mark is about right for a target for now. Results took RR to 127 so I recon all the great news (and it is great) should fuel a price at least 10% above that. Saying that, I have watch the daily fluctuations on RR which seem to be quite big for such a big company. But that seems to be an opportunity. I think the price will saw tooth up to about 160 at some point. But I think playing the fluctuations of about 4% may be fun. May miss a big gain, but think the downside is limited (which should prompt you all to sell given my history) . So I am going to play the fluctuations between 138 and 144 and slide up eventually.
It has been fun reading the board and some great posts on here. thanks