RE: This is7 Nov 2020 20:12
Hi Lucky,
This is better than it was!?! OMG .... Ok, let’s all hope that trend continues.
I will post here a bit but probably not too much. There seem to be a decent few posters who are contributing value (from both sides) not sure I can add much value at this stage, but I will pipe up if I can.
This is just a punt for me, so will add a bit more over the coming weeks, but I do see high risk and high reward and will consider that in my investment level.
As for a lot of the discussion this weekend, I am the newbie, but I expect that the PI holding is higher than some think (but that’s no necessarily a problem). Also if you look at the declining and now stagnant share price then clearly there has been some material unloading of shares from somewhere..... there seems to be good support at the 0.4, if you look at a 12 month graph I think you can see where that comes from. Current RNS news has not cut it in terms of any sort of rerate, so let’s hope that pre Christmas expected news flow has a bit more effect with more ‘ meat ‘ being put on the bone. I always prefer to have less RNS but of high quality, than a large volume of RNS which just provide ‘mini updates’ without transformational news.
Still a newbie here so don’t all shoot at once!
Tex