RE: Time to Buy back or Add for you traders9 Nov 2023 22:18
I’d be surprised if the goi settles quickly however when MB announces the claim amount this will be the one catalyst imo the mms will not be able to put a lid on the sp . Say the claim is £800m for arguments sake against our current £10m MC you’ve got to be looking for an absolute minimum MC of £30m on the RNS which is an sp of around 20p and a steady rise from there on .
That’s very conservative but I’ll stick my neck out and say that’s in the bag . Think I can wait up to a max of 18 weeks for that and add on the way . What’s everybody else thoughts ?