RE: Update Due17 Sep 2023 14:37
Remember, The fundamental point is that stock market prices are an attempt to anticipate future earnings & profits, not a record of the past.
Once the market is updated on that potential, there may well be a scramble for stock, that just doesn’t exist.
KDR has risen very gently over the last few months in anticipation of such an update, mostly low value trades but occasionally £5K & £6K purchases, daily rises can easily be 20% on low volume, 500K shares traded, for example.
Imagine the market becoming aware of the really realistic possibility of some huge potential here, and getting behind this Company.
The Professor has delivered such a proposal to the Board of CGNR who agree, and have invested in the purchase of 5 Million shares in KDR recently.
I mentioned before a Company (different sector) that I invested in that was majorly unloved, and I bought 500K shares at 6p average, just kept adding on dips, posted about it etc, December 2020.
February 2021 the market started to get behind the Company, saw potential, the SP rose to 18p, then 50p, stalled at 100p, consolidated etc but by April 2021 shares were changing hands at 290p.
It happens.
Just remember, research what we have, consider the potential upside, and be ready to hold on tight.
Good luck all.