sp growth14 Mar 2021 15:27
is not linked to the number of shares in issue or the mcap as the previous one is
just a nominal value could be changed any time by simple consolidation, the later is
linked to the operation size.
Syme is a global player and it is working on the solid financial sector as a fintech.
companies in this category could have mcap worth billions not the 170m we have now.
signs of success could send sp well towards the future expectation of the business rewards.
by simple math:
200 companies at 10m each 'monetized inventory' = 2billion and 20m profit, could send
syme mcap to 200m-400m, that is sp = 0.90p -1.80p
but the story does not end here:
any investor would consider future expansions and future risks. hence sp could jump to 2p-5p on speculation of future expansions which is very likely given the fact that syme has no competitors in the short run.