There is clearly an overdue re-rating happening towards fair value based on a recognition of YML's undoubted potential and general sentiment towards the sector. The issue is: how long will this re-rating be going one fore, and how close are we to fair value?
YML's market cap should gradually appreciate over the next 12-18 months, with sevearl key bounces as milestone boxes are ticked along the way. Yes there will be narrow windows of opportunity for some profit taking, but this has to be balanced against the enourmous poetntial upside.
Anyone who thinks the share price is stopping at this level, this is a top, is a very short term trader, or has not done enough research.
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