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11/12/19
16:19
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Originally posted by The ruster:
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I am not concerned with the short term SP I am long and am happy to allow the stock head room to grow as we need to if we want to reap the rewards . News is going to flow we know that although we do not know the timing . I see genuine buying here it would appear . Time and patience is required to build a company . The Board is taking care of company business and have the right expertise on deck . They are doing excellent work and are developing what is a big pharma play . I am of the view it is good buying at these levels and that due to the Boards efforts the SP will take care of itself and we will be rewarded for our patience in due course . The announcements will come as they are ready whether it is tomorrow , the next day or later . Why is everyone so hung up on the SP ? IMO we will see the stock re- rate in due course . The whole MM sector is flat at present and we are holding up well considering and also given there is no pre X-mas rally to speak of . Good buying opportunity IMO .
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Couldn’t have put it better myself, agree with you 100% Most days now I don’t even look at the SP - understandable that the SP will drift with little news. The real fun starts in the not too distant future, and for me, this remains a Strong Buy no matter how low the SP goes.