RE: Key points and expectation:31 Oct 2020 20:50
Hamodeh82.
1 I think the share price will stabilise at around 4.5
2 My calculations, I already think the market has already factored in the additional shares into the mcap. I think the new BOD will issue an RNS about orders/deals and the share price will bounce to around 5 to 6. Possibly more depending on the news.
3 Next rise will happen when new machinery arrive and another RNS. depending on the RNS could go between 7 and 8
4,5,6 Agree the price will increase on news. Relative short term i think an mcap of 125m is achievable say a share price of at least 8
Having said the above this is kind of limited to the uk.
Once we get licencing deals all the above is out of the window and mcap and share price will explode