RE: The Future16 Aug 2022 13:21
It is as well you have acquired a shedload IMO, with a 20p target in mind for next year the multiples reduce fairly quickly as it goes up from these levels, still 5 bags or so from current levels. I can see 6p+ next month with results.
On another note some derampers keep on mentioning the possibility of a placing, the CFO and CEO have stated fully funded, and if they did raise capital it would be to accelerate expansion, that is a valid reason to fundraise, and can enhance the SP.
The derampers use a placing to try strike fear into PI's but a placing with a clear strategy to fund increased growth is not a bad thing, not that I think one is imminent.
Aberdeenman