RE: SNG00110 May 2020 22:46
Chris
Good question and one I could never answer as we just don’t know what Lansdowne is I’ll do. They are desperate at the moment, their funds have been some of the worst performing.
When you look back at some of the old Woodford stocks had Covid appeared last year, he would be a hero today. So who knows if it would hold 70’s or not.
I look at the MCAP of the company and broker guide.
I am more than happy to buy in 50’s personally. I don’t see the share remaining at this level for long, even if Lansdowne continue to sell.
News is certainly on way and could even land 7am Monday.
Sorry I couldn’t answer the impossible question.