RE: Tempting Providence....29 Jun 2020 19:22
Hi Freddie,
The two buys totaling £18k have not shown up on LSE (at the time I wrote this), but even without then, there has been good volume and people know an opportunity when they see it at these prices.
I am well loaded up (for me) and would definitely top up at these prices but I have to ask for concent at work and it takes 24hrs for approval.
I fully expect the free flat to tighten up and will naturally cause a float upwards.
A couple of chartists have suggested 12p+ no resistance and feel that it will trade in the range of 13-15p until news on one of the drugs lands
Either way, we definitely know that there is support at this level, just need to find the our way up to the next one!
I certainly don't expect to sell a bean for a while and do have my exit strategy for a free ride somewhere in the high 30's and based on my figures, research, peer valuations and number of shares, feel that this will happen imo by sometime in late August to Mid September, but that is just me.