RE: It seems val drops in summer time12 Jun 2021 09:44
People suggesting some are selling to buy Sareum here. Market cap is now 159 million. It has more than 10 bagged in just over a year. For it to double from here market cap will need to be about 320 million. I wonder if the portfolio really justifies this market cap. Val market cap is 11 million which is nothing.
Sareum has not had any significant drop and I just see it dropping fast at some point. I will be doing some research and with anticipated results due any limitations then it could drop massively. Who remember when Val dropped from 74p to 22 on the same day. Sareum a possible short for me after results but it is all about timing and results. If it does not justify market cap then it should slump.
Someone on here suggested buying net scientific at 180 on last week and I did say not to buy due to significant spike and look where it went.
I think Val will go the same way as Sareun when a partnership is announced and could 4-10 bag from here easily over the next 12 months. A steady but significant rise like Sareum over many months. Always buy low, do research, be patient and sell high and for that reason Val will be a significant winning for me. Buying on spikes can make money but quiet often it goes back down significantly and that is why many lose on AIM. Therefore VAL at 11 million market cap is a big BUY for me.