Court Settlement7 Mar 2021 14:06
I've been reading about predictions of a 6-10p market price after the court hearing. But surely a lot of the potential rise, has already been factored into the price already. If 10p or even 6p was realistic, surely there's no way would the price only be 3.5p now.
I appreciate that the amount to be settled is not yet known, so there is potential for a rise, no doubt about it. But just on the court judgement alone, I cannot see the price rising as much and as quickly as many on here are predicting.
It would also be wise, in my humble opinion, to consider that if the settlement is not as generous as expected, then a drop in price is pretty certain. Albeit if only temporary.
I hasten to add that I'm certainly not here to deramp. I'd like to be totally wrong and watch the price fly for all of us.