Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Ambrose makes a good point about confusing lab grown meat for fake veggie crap. If you read through the comments section in any paper, so many people still think lab grown meat is the same as cardboard bean protein glued into a meat patty shape.
Forever is a long time in business… they will almost certainly be able to get their money out of Nigeria at some point. The population of Nigeria is growing at a pace. 370m by 2050 from 220m now. So it does also offer opportunities.
I fully acknowledge that borrowing GBP in the UK vs a cash balance of Nairu is nuts.
Hydrogen and Catalysts are going to be the growth drivers of the company but are currently small.
I still think that Standard Industries will make an offer for the whole group but can clearly take their time with the share price languishing.
What you do is: sit down with a pencil, paper and calculator. Work out a sum of parts model for each part of the business. If you think it is realistically worth more then you buy. If you can’t figure out the business plan or the numbers don’t work then don’t.
When I do this I make money. When I act hastily I lose.