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Lols AM - I never once said ‘by Friday’ - I leave the sp guessing game to you

I’m just gonna hold whilst it multi bags over time

IMHO

Some here just keep missing opportunities imho

Morning NoFear

It wasn’t long ago everyone would jump as the chance to fill their boots at 24 / 25p and that’s still a 30 to 40% rise from here

So those that missed the bottom still haven’t missed the boat

Imo

Well only 2 weeks ago the doomsters on here told everyone confidently we would never see 18p again

Yet here we all are

The 20’s are coming

Imo

“What's changed since the terminal decline seemingly ended 25th Oct?”

Well it ended and reversed because nobody believed the doom merchants any more and recognised how massively oversold this is and what an amazing opportunity was now available

Imo

Exactly, we saw BOD purchases of over 500 thousand shares, relatives of the BOD BUYing, Schroders BUYing and let’s face it - they all have greater visibility of progress than any posters on here imo.

Massive opportunity sub 20p, massive opportunity sub 30p

Imo

Always worth a reminder that this has lots of potential headroom for BIG rises from here imo:

Shore Capital have only recently moved to a BUY recommendation and set initial 30p target

RBC are on overweight recommendation increased to 50p

Peel Hunt are on a BUY rating 48p

Citi are on a neutral rating of 28p

Barclay’s are on an overweight rating of 50p

Again, 1% down today & up over 4% in last 5 days is not a sell off

Maybe stick with Capita to make money imo

Looking good for returning to the 20’s

Imo

Ftse 250 down 1.3% today and up over 4% in the last 5 days

Hardly a meltdown

Won’t take much to send this back into the 20’s imo

Occam’s razor - the simple truth is always correct

This is massively undervalued I believe

We can argue along the way over pennies here and there

But a MASSIVE rerate is coming I think

The BOD clearly think so, Schroders bought back so I guess they think so

P/e of less than 2

The signs are all there imo

Risk / reward

That’s my thoughts on this

Gla

Thanks for that NoFear

The simple truth, imo, is we should already be in the 30p’s if not the 40p’s and that we are not throws up an amazing opportunity to us all

The traders probably acknowledge this fact too but it’s in their nature to talk it up and down along the way to a very big rerate to make as much money as they can & good luck to them - I don’t have the stomach to be constantly second guessing the next move

I’m not gambling because I don’t need to - why try and second guess fractions of pennies either way when I can hold and add as this multi bags to a much higher price

But hopefully whatever our strategies we all do great from such an undervalued share price

IMHO

Gla

So interestingly AM upped his daily sp prediction by circa 25% from 14p to 17.4p and was still too low !!

Clearly you’re not familiar with the term short squeeze

Sp rockets

Regardless this should be in the 30 / 40ps purely on merit imo

Could see another big push up next week

Be back over 20p soon imo

This dropped from 28p to 18p in about a month so could reverse back just as quickly I hope

AM - I’m sure the BOD were buying tranches of over 500 thousand shares because they are concerned about - well anything 😂 or maybe because they are very confident going forward?

Shorts closing means BUYing back shares - so same difference

Some want out before a squeeze maybe?

This was over £1 from circa April 1998 to Jan 2020

So what’s more normal here - over or under £1 ?

I’m personally convinced this will be back over £1 again at some stage but let’s see

Gla