RE: Good morning11 Jul 2018 10:20
Morning Kums.
Slow and steady is proving very beneficial Kums. I guess that we have all been in shares that do the meteoric rise, attracting the herd who then ramp or de-ramp a share to death, then disappear again, only to leave many PI's catching a falling knife.
However, I don't fear a falling knife in TXP for any who are currently invested, we've got in early and to be fair. how far could this ever drop again? Maybe a couple of pence in normal trading? Maybe a tree-shake or two when the herd are here will see big drops? Those drops will recover again.
The fundamentals here are sound, PB is amazingly cool. The brokers all like it. The production is there for the next 10 years, without unknown wells. The list of positives is substantial, far more than I have mentioned here. I can only see northward movement in the short, medium and long term.