RE: Correct me if I am wrong23 Jan 2019 22:00
Spy - don’t take it personally. My point is, you buy on value, not SP. I have not bought any at this level, although added some at 2.2. However, I’ve got some cash left for when news Turns up, and I’m sure I’ll add (or at least I hope to) at all time high SP. not that it’d be my basis for whether I buy or not, but just making a point. My point is that where the SP sits is irrelevant and what’s important is to look at Market cap relative to what you expect the assets are worth.
Gl anyway, I for one am hoping the RNS is a rocket to send this towards the 2.5/4p and slowly rise to 5/6 over time. Only a wish though, based on simple calculations and plenty of assumptions.