RE: more pain in morning23 Feb 2022 22:22
50p would value this at just above cash haha. A 2.2bn and growing revenue company worth virtually zero. Not saying it couldn't happen, but would be pure bonkem if it did.
Hard to know where the bottom is, but at 1.17bn and probably will get cheaper tomorrow, the risk reward is off the charts in your favour at this level.
Sell the rumour, buy the news is what we are seeing here. Going to let Mr putin extract every little bit of fear from the market, then flip gold stocks and smash everything into UK growth once we know whats what. Setting up to be a trade of similar magnitudes to March 2020 and Oct 2020.