RE: FEED Story9 Jul 2021 17:02
For anyone that's remotely interested - I posted an idea on TradingView for VLS back in Jan 2020, which played out very nicely during the global pandemic crash.
I've posted a newer one a couple of days ago - which, subject to any bad news, looks like it represents a fair assessment of where we are heading.
I doubt, as 'Expatbrat' says there will be another placing all the time we are in a downward trend - Typically on AIM prices rise before that happens. Somewhere above 8p would be a more appropriate level.
However, with Japan airlines flight completing last month & the appointment of KPS for production what VLS needs next is a run of good news, a related rise in price and then I'd expect a significant raise towards new plant / production facilities.
This might be from a specific set of corporates or via a short term 'Primary Bid' raise for IIs - either way, I doubt PIs will be given a front seat and an easy ride.