RE: Not pretty today25 Mar 2025 03:59
Long weekend and just had time to respond now.
Rumours and some fact, too.
Stock trading way above valuation and expected presentation will be a disappointing set of figures below bottom end predictions.
If that is the case, it does beg the question of how much did the board know in advance and did that incentivise their very large sell offs ??
That very selling alarmed me, it didn’t sit well, and still doesn’t.
Now analysts have downgraded rpi, based on its inflated trading value x47, share price is going to take a big hit.
Hangs on the presentation, and if figures are above or below bottom end predictions.
I personally hope the presentation is good news, the product is great, and it’s come a long way from its inception.
I’ve taken my profits, for that I’m grateful. I have a very modest holding now; that I will let roll and see where things take it.