RE: SP prediction11 May 2021 13:31
Agreed that it smells like an acquisition of whatever additional assets could easily occur here in 2021 .. any deal they might undertake would have to be judged on its own merits of course... but I expect it would have to be an extraordinarily compelling deal to see a big/quick s/p rally here .... and I think it's harder and harder to find such compelling deals now.. but AK will do what he feels like and the s/p would do what the market feels like off the back of any such deal announcement .. and as per my previous postings I'm, altogether, more concerned than enthused by prospects of any such deal..especially more Africa assets.. which, while it wouldn't have to be, it might well be.. and if any such deal was not deemed compelling, this share price could even come off punchily even if at sub 20p levels at time of announcing for eg imho..
Independently of any such deal I expect results from last year to have few surprises and the post year end outlook will be key to whatever s/p reaction.. I'm guessing a decent reaction but not a strong one and this s/p rallying somewhat back towards somewhere around 20p ish..