Every individual have there price targets and expectations and reasons for them.
I am a classic example of this. My price targets are based on a promise to my wife that if she let's me partake in the SPP , that eventually I will exit when I can pay for, with my profits, for a very high end cruise experience. Now with covid this won't happen immediately, so have some time up my sleeve, and hopefully I will get a decent percentage of my SPP allocation considering it was less than 25% of my holding .
So I reckon 20 cents per share would allow me to pay for that cruise and still keep a reasonable chunk of my holding for future growth. Considering my initial investment was at 0.9 cents about 12 months ago, I am a very happy shareholder who has not seen the need to sell any exept a parcel at 4 cents which allowed me to free carry. Sometimes a decent amount of time in a stock pays off.
Christopher
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