RE: Very negative TU back in June. Dropped to 101. now THAT was cheap.8 Oct 2023 18:50
The share price has dropped over 70%. The company has no debt, cash reserves and increased its production capacity. It has a multichannel income, growing business streams (velvetiser + cafe) and its founders still own over 50% of the business.
I was also reading an article that luxury chocolate spending goes up during a recession.
Personally I believe there is reason to be optimistic about the business, especially with share price at this level. Of course no one knows the future but i can see this being over £2 by Christmas. My target is over £3 a share.
I know you were after less than £1 Likeitornot but i just can see that happening especially being October. It's hot chocolate season..