RE: Something has to change soon22 Sep 2021 20:57
You are right there Illusion. Shaa never lost faith in either the increasing Fundamentals or equally importantly in the inevitability of the Market Mechanics at work. I must say that at times my faith in those eame mechanics wavered and I wondered whether we PIs were playing with a loaded deck.But I am all in here up to my neck and I either got out or stuck with it. In reality jumping ship was never an option. I have been here for four years averaging down from Liberian days.
Since Relist our faith has been tested to the limit and beyond.
Today there are signs that Market Mechanics may be working after all. Bigger players than us have been having their own private tug o war whilst we looked on wondering what the heck was going on.
Today those big players seem to be done and maybe, just maybe normal trading conditions may resume.
AS many have stated,the fundamentals should reflect an SP of peer companies of similar status That could be around 1.5-2.25 depending on what we include.
The small but significant rise today should herald a sustained and steady rerate.
Thanks again Shaa,,Tiburn HFB Charkie and too many others to mention.
And tomorrow is another day. Let's hope its the start of many Blue days to come.