RE: Dead cat bounce28 Sep 2020 18:14
Libero is talking nonsense (he must have missed the 22p opportunity?)- there is no way the company can undercut CDR's investment at 25p, and any takeover would IMO likely be north of 30p. There are now long term price targets of 200p out there, so plenty of buying pressure, and revenue will be at above-normal levels come February. Company far stronger financially than many peers, and a new CEO with everything to prove! Even if the news is moderate next time, he'll be spinning it from now on. What's not to like?