RE:DM valuationI used to think the uncertainty of covid testing could be an issue, I thought Q4 of this year it would wind down in tv and film but I no longer think that.
How is the market to value anything if no numbers are given, what it does do is it gives the market the ability to maintain control until the quarterly reports come out, in this case Nov 30 and then year end which is the end of April....the fancy headline has bought us a penny or so.....tons of shares up to 21 just sitting there, maybe towards the close the buyers go at them
Todays news is fine but leads to the question "how much" and again we'll see 1 months worth in the Nov 30 report as I believe this news rolled out Sept 3
At least some actuall chasing today....now what the close does that's what I'm waiting to see