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I don’t think anyone with an ounce of sense about them believes a word Ed says. Though I will give him one more chance and give him the benefit of the doubt that this last ( changed ) time that he can finalise Leap. He’s still got a few weeks to deliver. Let’s see a decent result and see if he can change the years of failure here. It only takes one big success to work. They had several total failures, must be due a win.
888
David Koresh, Shoko Asahara, Jim Jones, Joseph Di Mambro, Marshall Applewhite and now it appears ‘Ed’ is gaining cult status!
3 times in that short text you quote or reference a man as what he has to say has any substance, he lost credibility with his hyped price targets and missed dates, not only with Seed, he was ramping the potash play also, which didn’t come close to his summer target.
I’m way past the “ed said….”, lets see some action.
Things will look a lot more positive if we can hold above the 200 dma (6.46p) this week.
Hope it reaches atleast 16 . Wanting 20 plus ideally . If nav around 25p can do 20p being achievable.
I prefer a reserved estimate , anything more is a positive . After what happened with Emmac think the rampers need to show some humility .
Sorry for your loss O’Donnell. Hope you are managing to cope with everything.
So on the same assumption. Your estimate of £50m for Seeds share of Leap would give a Nav of around 30p and probably a share price up to mid 20s. Once Leap is finalised there is a lot less with unknown value so no reason to pay more than the quoted NAV is there?
Lol. No. J asked what would a share price of 16p equate to. Why would I deramp ??? I’ve 1.65m of these. Get a grip 888
Midas has chosen a figure of £30 million for Leaps value to SEED but why has he suggested such a low figure?
Over a year ago Ed was saying comparable companies were valued at £100 million+. He also said he wasn’t concerned by a delay in Leap’s liquidity event because it just kept getting more valuable every day. I would be surprised if anyone is going to suggest that Leap is not worth considerably more than it was a year ago. If Ed is right it would suggest that Leap’s value to SEED is worth £50 million to £100 million+. It follows from that the NAV of SEED will be £50 million plus with a corresponding share price. The Derampers are getting increasingly desperate.
Any more would be greatly received J. ;)
Current NAV is just over 10p. If Leap was say worth £30m to Seed that would add £20m to NAV which is another 10p. So it would make NAV around 20p. SP might then reach 15p or so.
Midas, with a SP of 16p, what £ value does that put on Seed’s % of Leap.
Don’t worry though OD. There has been another chart created. This one says we will get 46p a share. That would give me £700k profit. Nice but being realistic 16p would be amazing
I wouldn’t worry OD. Deramping as they call it here is what they call people with a balanced, realistic view. Ramping are those that post misleading unrealistic and often delusional posts. Those ramping are the ones that have cost people money over the years. They have no morals.
We/I have never deramped, why should We/I? as we have constantly bought FFWD and SEED without selling since we first bought in about 6-7 years ago. We have got a bit down at times, which is only expected with its poor performance, I have worried that sellers on here will stop the SP advancing as far as it could. But never on purposely deramped. Usually entered strong buy when I remembered. It is all water of a ducks back to me if folk run me down. I then feel by running me down they are leaving some other poor soul alone who would take offence.
With the share starting to rise why do some of you have to look for things/people to moan about? lets have some cheerful hopefulness.
Oh not sure why Longlad is referred to as me as I do not know who that person is and I say that on my wife's coffin.