The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Well its a guess PB. Just seems so full of negativity - I dont know his back story - might be something quite horrid has happened to him. But its all bit urgent.
You are not wrong Crowman. its a disaster atm. if it gets to 29.9 i suspect the stop losses will all be triggered. It'll sink form there by some margin as well.
Average now at 44p, bought more at 50.8 to boost it up. I think that last weeks pull back was expected and in line with the markets generally. Fuel crisis becoming a lesser story will help. I can see 80p at next results.
We may well be in for a re-trace at some point. Its not got much above 50p for over a year, if this holds at 50p then maybe th retrace will be tiny. Here is hoping.
So - if this works and I have followed this correctly (highly unlikely) then at some stage next week we will be about 42.5p and the climb will start the following week to around 53.5p before another retrace down to about 45p? and so on in steps till RNS/trading announcement so it might do this twice more before June?
FWIW - my issue is that the SP has actually not improved for 6 months. At all. I sold out at 49.4p and rebought too soon. Patience is key and I failed that little test of resolve. Wish id bought back in today.....hey ho. It is difficult to see this getting back to 50p before the next set of results now. Those results may well only get it back to that level and not beyond. I personally will be selling up at 50p and taking a small profit. I suspect that there are others to invest upon the release of lockdowns that will perform better. JMO. DYOR. GLA.