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SP will inevitably rise but due to volatile.nature and currnt climate plus a refinance bonds loans at 6 percent interest , it is challenging times ahead !
Its stabilising around 170- 180.pence, that is bloody low.sentimwnt value, to the 500 (10 billion MCAP) pence upwards with high sentiment ,
ALOT OF WORK TO DO BEFORE RISE
Hey there ive been A RR investor for 3 years ive had dividends seen rises experienced downturns and uptuens with Trent Issue, all at a time when there investment grade was A standard
Ive sold shares at 900 when bought in at 600 and rebought shares at 300 and cut my losses at 225
The market sentiment is **** truthfully and risk on approach is non existent reflected in SP now.
The dilution and excess of 8 billion more shares is gonna cause a supply and dand issue, many people having shares and wanting to sell post RI will create a downward price.
RR is underweight but COVID and debt issuance has hammered them, I will wait and