RE: 3p a share or £160M company value seems plausible 2025-2026.10 Mar 2025 17:24
Not shorts, it's more simple than that. There are far better debt ridden, higher market cap, no revenue companies to target with shorts.
A lot of shares were issued at 0.11. We've been in a bear market this quarter. So the last few placees who were holding decided to liquidate. Perhaps they fancied a wait and see approach, perhaps they had eyes on other beaten down stocks to load up.
This gives others an opportunity who enver got to buy around the 0.1-0.12 level to enter.
It'll go to 0.2 again and some may exit on the way up. I'll hold for 1-5p.
I think the work done on securing big name, big reach supply chain partners such as Schurter and the latest will drive this.
+SMT feels very close.