RE: 83p27 Apr 2022 17:28
A few weeks ago this SHOT up to over 110p from low 90s on a rumour... just words on a blog somewhere mentioning a takeover.
It was comfortably 130/140p during Omicron pre-Russian antics. The fundamentals haven't changed, yet the market cap at 83p looks SILLY for a company of RRs stature. REALLY SILLY.
READ BETWEEN THE LINES. Something is likely going on and- with the help of incredulously pessimistic broker ratings- MMs are hoovering up chunks of shares from bed-wetting PIs as retail buys up in anticipation of a big rise, whether in the next month or 6 months!
ANY boost to the aviation industry. Russian situation sorted or any good news re no-fly zones opening up, long haul on the rise, COVID worries easing.... AND THIS FLIES.
PUN INTENDED. EASY MONEY. And that's not even ramping, it's simple observation from monitoring this share the last couple of years or so, through the rights issue and beyond.
It's also the golden goose of the UK government. Yes, pretty lame at the moment, but this is rock bottom. Easy 10-20% profit from here in the very short term (weeks), 30-50% slightly longer (but within a year)