RE: Blue not Red8 May 2021 13:48
What I am reading is that some have blamed UTRS for providing information (UTRS is not flawless though) and some bought in the mid-penny level and are now wanting to blame someone else for their investment research (possiolack of) and why the share price has come down from then.
However there are several things to consider (and all my posts are just my opinion). So, we know that the permit is a final stage at this point and Covid has been the delay.
So, when people are down they have the options to:
A) sell and definitely loose money.
B) sit on hands and trust their "research", lol!
C) Buy more, lower your average and break even point and this would tighten the available supply of shares (which there aren't many) and this raise the price.
Or
D) take option C because you have done your research and believe this will do very well and help make people aware of #ANA
Remembe, if you want to make money in shares, you do not rainbow chase with the herd, but invest early and wait for the herd and the money.
IMO- once a date for the site visit is announced, I think this share will be somewhere between 8p-12p and upon issue could be pushing 15p-20p.
On the other hand, if this is a punt - dogs are being put in the traps and remember that the race hasn't even started, yet!