RE: Update from HL!27 Jan 2023 13:32
From what the brokers are saying it’s a lose lose sutation for ISA holders
As it stands, the ones who don’t care about tax brackets are the ones who benefit the most for now. As more investors who see isa as a concern, or insti investors who consider this potential move to be far beyond their risk appetite (which is currently already stretched when talking about Poly), then buyers will only get better prices for longer times to accumulate
I’m not getting suckered into anymore traps nor will I sell anything at £2. But unless some solid RNS confirms that the current set up is NOT fatal, then we’re going to have a tough time with resistance at 248 and 280 let alone back to £3
Downside risk is minimal except for some more bad news or a dip in Au price - nice support at 201p
if drops below that then get your cash ready for the mother of all opps