RE: Spiderman No Way Home10 Dec 2021 11:24
LPD, we could have been in 80s now had there not been meltdown in markets. Money is still going into big tech firms in US. Not just CINE, many other companies share prices dropped. Not only the ones in travel and leisure sector but in other sectors too. Oil hit $85 but share prices of oils didn't go up. Builders down from highs e.g. TW. Media and Retail sectors down too. There is lot of money waiting on the sidelines. Omicron might fix inflation problem, I mean supply/demand issues. Once the overhang of Omicron clears, lot of money will be poured back into recovery stocks like CINE and travel companies. Once Jan/Feb are through, recovery will start. As market is forward looking so from Feb itself we could see the recovery in share prices just like Feb 2021. If Mooky can drop that US listing RNS then that can kickstart things for CINE. Need to be patient.