RE: Rational Analysis8 Jul 2020 19:19
Tbh mate - I’m not going to pull out until it reaches £1.05 ish. That is my target price average 69p (not done deliberately!) - with about £22k worth in. If it tanks, it tanks, so be it. Do I think it will? No. It is my more riskier investment, hence why I didn’t go for a bigger position - will I top up a little more? Probably. 50p would be a top up point - but my last one.
The business is a viable one, financially they may have some debt but it is manageable - it all just comes down to the US and COVID. They are , perhaps, in their last major surge - which would bode well for us. With this share, it’s irrelevant what’s happening in the global markets - all about the US & UK (a little)! Good luck :)