RE: 57p valuation FCA regulated ACF research report7 Feb 2020 23:22
Great post PIface, reminds me of why I invested at 2.6, went with a rocky road to 4.1 with a swift drawback due to news being a few months away.. Everyone felt 4 was a huge resistance!! This has recently been smashed.
Us long term holders are waiting 2 pieces of news - the first will be a huge boost ‘Flanks Licence’!! I’m sure many will agree this will be closely followed by an acceptable offer!! I won’t even bother predicting the price - happy to leave it to anyone’s imagination..
Read the latest report and 57p is there. I’m sure many would be happy with 75%, 50%, or even 25% of that figure!!
When you look at where we currently sit, this is extremely exciting and there are people that will take profit along the way.. Regrettably I did this, I’ll openly say at 4.95 and 6.3... Who knows what can happen in aim!! I took my profit to pay for a holiday, if I held i’d have paid for 2, not arsed though (could have gone the other way). Point being this is now at a point where it’s holding tight and ready for the next leg up.
The volume has been incredible- not at this level but north of 7 - again ‘flanks’ is 15moz, let that sink in to where we currently sit!!
If your in then you know why and best of luck with your investment, I believe 8.5 is the next barrier but when flanks RNS lands it anyone’s guess - for me 13.5!!
Any thoughts??