cannot see how and why they ever recovered
Fairdeáler20 thanks for your post. In other words we dan expect a deeply discounted rights issue.
The problem with reopening pubs is they have so many fixed costs and even when they wrre packed out, some were struggling. On top of that we have to appreciate, this year the festive season is goung to ge very poor as it always is during a recession. Add to that the fact we have to socially distance, it tells you the SP of the new shares will also plunge.
just a case of when, not if.
He has been spoken to and he knows exactly how he must now conduct himself on this BB. We must now move on and discuss the most important reason why we are on this BB, the SP.
Is it going to go up or down? I personally cannot see how it recovered so strongly from 28p.
However, we have RI and therefore dilution and my personal view is this will hover around the 30p mark post all summer. However, if the DOW crashes or we see a correction which is due, god help this stock as it will become cannon fodder. It could go below 20p.
Where we go from here now depends on thevstate of the US markets. It is clear from the last few sessions, it has run out of steam. If it goes sideways, we will probably be around the 30-35p mark until the autum, if it heads down we are looking at sub 30p. If it crashes, who knows where we will be?
if this was going to £1 antime soon, it would be closer to 90p.
A crash is coming, this is going to crumble, a couple of years ago this was under a quid and much stronger
But First Group fell to 25p and doubled to 50p. I think the post meant Stagecoach will also fall to 25p which I think it will. FG will fall to maybe 20p. I read the post and it did not say Stagecoach ever fell to 25p
Gerry please can you reduce the length and frequency of your posts. it is not a request, it is an instruction.
Who is he/she? What does he/she know? You lot on this BB really amaze me, he/she talks so much of the brown stuff, it is amazing.