RE: Other examples17 Sep 2020 00:37
Agree, Amigo is a ling play, won't go bust. If you think the recovery to 40p is impossible, look at the worst situation of the Tullow Oil. Company won't survive if the oil is still cheap as now. Despite this they recovered from 7 to 40 and now down again, as the oil doest rise further. They have much bigger problem - debt and are unable to repay all. Amigo is in a totally different situation, so the share price must recover fron lows.