RE: Maybe23 Sep 2025 11:16
If you look at the 27% fall from 114 to 83 in april, it is similar to the current fall of 29% from 170 to 120. Given that the rise to 170 was pretty stratospheric it may go a little lower before rising again. But this share has so much potential that a longer term view is needed - with a not too large pe ratio and target prices in the 190+ range it has now retrenched to being a good entry buying price. Not a share you can really day-trade as any new announcement will see an immediate 10-20% gain. And with 2 largely private investors holding 20% it is, basically, a realistic takeover target. Also, Wwth Spacex warrants vesting in one and a half years or so's time there will be lts of future action, so, definitely better to be in rather than out at this stage!