Agreed with those points plus it is worth noting that the freefloat by which I mean shares in loose hands will have got much smaller during this accumulation phase that has been going on for the last month or so. In theory this should mean that any re-rating based upon news should get an extra boost as buyers chase a decreasing amount of available stock.
I have sold the rest of my portfolio during December apart from ZYBOA and am looking forward to further bags as this story progresses during 2018.
For the first time in ages my sock drawer is empty.
EB
ZYB Price at posting:
1.8¢ Sentiment: None Disclosure: Held