RE: Shorters are turning into Longers !6 Oct 2020 15:09
Roydon its flying high im context its still around 140-155 target price. The reality of the rights issue will meam alot will be selling off nearer 28th October, vreating a dirge of shares to be sold, market cap has increased by 200 million since RI was announced based on 130 pence, a long way to go
Casa is right to sit out the flurry however it is a great chamce to day trade.
Yes buy remember as with IAG RI and others once the investment approaches shares dilution there will be a sell off, good 10 pence above RI issue announcement