I have held these shares for a while and bought in at around the 1p mark. I am not prepared to part with this promising company at this price and did not buy them to sell at this price. Short term price would be around 10p to convince me to part with a few of mine. Failing this my long term price targets are much higher. I think that there are a few of us out there of the same train and this is not a 'flash-in-the-pan-dot-com-boom' type of stock despite the recent rally and 'china effect'. I hope that the share price continues its rise in an inexhorable but measured way. If the price goes up too sharply I may be tempted, as I say, to take a short term gain with the hope of returning at some retracement.
Interesting bit in FT yesterday about Shell wanting to get more exposure in China. What are the chances of FTO being bought out by large multi-national?
Anyone got any thoughts on this.
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