Member Info for MTSparky

"Well I believe next week is pivotal but we COULD see oil $40 and FTSE 5500. It is not unthinkable to see RRE at £10 . CRAZY !!"

The reason I guessed this would happen is because we are following the same devaluation curve that occurred during the SARS outbreak. The good news is that the downward curve from SARS bottomed out and then rose again very quickly. Not too sure where the bottom with this scenario is yet though. China appears to be on the mend but it looks like Russia and Saudi are bargaining for some political gain. Maybe re-evaluate in 4 weeks. ISA top up time soon Folks !!

Soberwoman - £10/sh come April is a gift for everyone not just me. Fundamental based valuation will return at some point and multi-bag.

Fingers crossed for £10/sh come April !!..;O))

I think we just need to stay calm and remember why we all continue to hold. Cash, organic growth, dividend and another re-rate from transactions / investment. Sell and you could miss out on suspension prior to reverse take over. Looking at the share price is really frustrating so acknowledge the sp could be suppressed for 12 months. I do think the sp could go even lower over the next 3 months.

That deal looked bad from the start, SOLO were paying way over the odds IMO. This news could of course mean HALO pull out of their ONE-Dyas deal? The economics are just so bad right now, I just hope HALO survive long term so we can sell our shares !!

They are the reasons I haven’t sold any shares 1750 plus the dividend. I’ve held from about £4.50.

The selling of RRE shares has nothing to do with RRE fundamentals. If fund managers see a big risk they are going to sell shares for cash and safe havens. Has the risk subsided ? When will the risk subside? Flights, events, holidays, school closures, business closures on a global scale is going to have knock on effects with share prices and commodities prices. All IMO.

The fact you don’t appear to be able to get your heads around what is happening with oil and stock prices and why there is a sell off speaks volumes (pardon the pun) ! If global infections grow into next week all prices will plummet further. There could be more sellers than buyers for a while yet.

Value comes from a price people are prepared to pay. If all people do is sell, value becomes worthless doesn’t it ?

Well I believe next week is pivotal but we COULD see oil $40 and FTSE 5500. It is not unthinkable to see RRE at £10 . CRAZY !!

I went out to buy hand sanitiser today and the shelves were empty. Buy sanitiser manufacturers !!

Thanks pal, I do talk sense sometimes..lol......a delist would be perfect right now. or maybe wait until April....;o))

FTSE down 4%, my pension and investments have been trashed. Nice one China.

well why don't you ramp the **** out of it and see what happens ...lol

Oil still tanking. $51 Brent

Unless those words are "I have a cure" or "the disease has officially stopped spreading"

I wish I had sold. £23/sh is but a distant dream. I don't think anything anyone says anywhere in any capacity is going to stop this rout IMO.

Valuations are meaningless when traders are positioning for global standstill and major business failures as a result.

The SP could go far lower IMO. The selling is relentless.

Be good timing for a trading suspension for 6 months.