RE: When to get out....18 Jun 2021 17:08
I have no sympathy for those complaining that the shares they bought yesterday havent doubled in price. "Oh I bought on a bandwagon - why havent I doubled by money - it been 2 whole days - Think I will sell". Share investing is a long term thing. This week's deal shows the constituent parts are worth a lot more than the market cap. The market cap wont rise because, whatever is said on here, the number of trades each day is immaterial. Nothing will move significantly until the whole group is sold or carved up. Its expensive running a small-cap company. My guess on the exit strategy is that as there is still a lot of value on the table there will be an offer to shareholders by Raven/Cooke at somewhere between 7/10p. We will all have done well out of this. They will then have side deals all ready breaking up the group and selling off parts.