What you are saying is that the company share price is ridiculously undervalued, and I agree with you, having done all the calcs since the sp at March 2016 and today, this works out to a factor of 9.55:1 using the basis of market capitalization plus the independent valuation of PLE at 12.5p as references. This has to be a hold and going from Bnose comments the next 6 months should see corrections taking place. Cheers
It's almost impossible for me to understand how the company is worth less now than before the takeover, given RP's cash, investments, pre takeover value and now that the company has been approved to sell the product by the EMA.It just goes to show that investing in stocks is a dangerous game, something I no longer want to be part of. I do hope there is a correction soon as I do not want to wait another 3 years to pull my money out!
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