RE: 150 close today ?5 Oct 2021 02:12
Just like to point out. What Rolls Royce was worth pre pandemic/pre rights issue is completely irrelevant now. It really is a significantly different company post pandemic/post rights issue and with new contracts constantly coming in and with government green pledges it’s very hard to put any kind of numbers in this share price.
Example, what if the SMR project in the UK was awarded to Rolls Royce which is very possible, there is already talks of Europe wanting reactors too. Then you also have America. So this alone could make the share price worth X amount.
The world is now completely different post Covid 19 and I think Rolls Royce realises this. So I’m my honest opinion, the sp projection long term is very hard to predict as there is now no real ceiling in terms of what it’s capable of.
But what we do know is that for now it’s still in recovery and will only continue to get stronger as it’s becomes more efficient, diverse and profitable.
P.s all in my opinion, do your own research, this is not financial advise, :)