straw clutching....?8 Jul 2020 16:28
The big problem is footfall in the stores and while the threat of covid persists it will act as a substantial deterrent to people going out, browsing etc.
Therefore I imagine once that threat is removed or largely dealt with then I would expect a swift climb (as with all retail stocks). I also have a holding in AVCT on a test for C19, and whether or not they are successful in getting to market first, what is clear is that there is a huge, hell for leather, race going on between a few companies to get this reliable test out. It would seem that this is only a matter of a few weeks away.
As a result one way or another I am happy (well perhaps happy isn't the right word), but at least content, to wait it out until the end of the summer on this stock before deciding a course of action.