RE: Happy with RNS25 Apr 2017 11:17
My own thoughts on this are that there must be a shed load of old COMS investors who, like me, were not prepared to take a huge hit and who possibly took the only realistic medium term strategy (if they could) of taking a significant holding in the RI at 0.5p. Averages significantly reduced and a b/e achieveable given time to embed the new strategy. This is starting to prove correct but now needs the momentum and sentiment of news to give the SP the oxygen it needs. The 2p resistance will be a huge hurdle to break as many folks will have given it 2/3 years by then and with time proving a healer will accept the gains from the 0.50 buys and cut losses on the legacy. However, for some, sticking with it even to this point might be proving difficult and thus the selling into any short term gains.
However it is my view that with a couple of bigger pieces of news and perhaps Director commitment to buying, when and if 2p breaks it will be a swift rise to 3p. That is the point I will be selling 50%.
I no longer have any "emotional" commitment to this share but do believe the business model is now sound with a market offer to deliver and the people with sufficient business acumen (i.e. Nothing like D Breith twit) to deliver it.
So I give it another year to see see hopefully, circa 50% growth from here.
Miss G
😉
IMHO.