Viking Supporters Co-operative
Viking Chat => Off Topic => Topic started by: normal rules on November 01, 2022, 11:32:36 am
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Cine world share price tanked a few months ago. Things have not been going their way since covid and the ongoing court case with cineplex. They very nearly went bust in fact with shares hovering around the 2p price.
Anyhow. They are back on the up. 136% up in the last 5 days in fact, due mainly to the fact they have secured a loan to stave off debt concerns.
At 5p per share, they are worth a punt IMO. A year ago they were trading at 60p and within the last 5 years they have been as high as £3.00.
Do your own research of course. I am not a financial or investment advisor.
You invest at your own risk.
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Cheers NR, if you like your punts check out Kodal minerals, 0.25p a share atm and slated to begin lithium mining in Mali
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Since I posted my suggestions cine has jumped from 5p to 8 p.
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One for those whose risk appetite is very high, not for me. They have a nonsensical business model. Some will make a short term win absolutely but long term, not convinced.
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I'm one of the ones with a high risk appetite...but I won't be topping up my holding at this point. I've already got them and currently sitting at about 80% down. I topped up a very small amount when they first dived to about 3p. I'll just sit on it now and see what happens in the longer term to see if they can recover. It's fun to watch at least.