RE: Still up, but sellers are out in force..27 Jul 2020 10:13
Today update is fairly good considering the pandemic expected damage in the first half of this year....second half(normally the strongest period....)started with level of recovery as business trying to get back to some life,HOWEVER, the company already warns that they expect numbers to be lower than last year....so yes the current SP is very low indeed,and perhaps tempting,YET, there is a BUT, the world is going now with even stronger second wave of this nasty covid pandemic,and as such outlook for this normally promising second half is not yet known....without some covid related decent contracts the company will not find business easy IMHO, together with the fact they said cash (good for the near term....)will last until second quarter of 2021 could lead to another placing even before that time if recovery will not be strong enough....overall.too many unknowns to my likes....but will watch and monitor as time goes from here...GLA.