Risky Buy Abcam (ABC) by Chris Bailey in ShareProphets CLOSED

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  • Performance

    14.66%

  • Price at start

    1,084.00p

    (ask)

  • Price at close

    1,226.00p

    (bid)

  • Tip made

    11/04/2020

  • Tip Status

    Closed

    12/04/2023

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Tip Notes

"...Certainly this is a thematic growth investment - and not for widows, orphans or neophyte investors - with an earnings multiple of around 30 times and a play on where profitability might be in a few years time off clever science discoveries and processes. My gut feel would be to follow the lead of the new institutional investor and still look to snaffle a few below 1100p and 1000p." - Chris Bailey, ShareProphets

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