RE: Finally the smart money is pouring in!8 Jan 2021 10:34
From recent placing RNS..."Importantly, we expect this funding to take the Company towards profitability and positive cash generation. This market confidence in our strategy and the recent contract wins are further evidence that Toople is well placed to take advantage of the macro drivers which are expected to precipitate substantial growth for the Group, specifically HM Government's commitment to the rolling out of fibre telecommunication infrastructure to replace copper and the necessary and ultimately unavoidable upgrade of the country's network from 4G to 5G."
the updated black oak AUM will be key for current value. I can't see what else Gobind can tell us other than the RCF will be concluded once it is safe to meet face to face (and i still do not understand why the deal cannot be done remotely after nearly a year FFS)
this is my largest holding by far but TBH some of the votality is down to the PR here. Gobind has to stop promising stuff and only report when it is fact. Now we have everyone counting down to end of Jan for an update which it if doesn't arrive will see yet more sell off.
wouldn't be surprised if we get an post end of year update in the new year including a review of black oak. There really is no point sharing positive news today.