RE: Open Offer15 Nov 2022 07:59
just for you doggy... Unfortunately I have no idea what the SP will be by Christmas.....
But to get to 500p per share its got to get above 142p. Its a big deal. That number over the last 3 years has proved for whatever reason to be a sticking point. Gets past that then 201p is the next big deal. and that too has proved to be historically significant.
Clear that one then its up to the ATH.
What will likely dictate the 500p by Christmas is how dramatically these targets are taken out.
If for instance good news comes through and the shares double straight away to around 250p-280p, then yes game on for 500p (i guess , I have no idea why 500p is a significant number other than it being a round figure).
If its a bit slower and bit of a slog of ups and downs to get to say, the ATH, then it's likely going to be a more gradual push up.
What could or would give the stock SP impetus is surprise news, Maybe from a new licensing deal, or big order from LD, or big milestone payment etc. And as we are all aware that could happen at any time, but we have to realise that is totally unforecastable for us outside the company.
Personally I almost can't wait (but will), as this has to be the most frustrating stock I have ever had the fortune to come across. Its lack of news but heavy on rumour has allowed a number of very successful trades for me to see which has kept me in but now the clock does seem to be approaching midnight.
Fingers crossed... 500p by Christmas ;0))