RE: lvcg interview1 Mar 2022 15:55
Understandable thoughts Narada.
Some basics to help - firstly your expected share price is based on how you value a company divided by the number of shares in it.
The value of a company is subjective - you can just use the net book value, or multiply annual earnings (again different ways to calculate) by a ratio of your choosing - look "X" number of years ahead.
BUT - even if we all agree on a company value the number of shares changes with every placing, so the net value of LVCG could be the same now as it was in 2018 but each share would be worth less now because there's more in circulation.
In 2018 people may have been accepting of a startup loss on the promise of jam tomorrow. In 2022 people are wary of a profit because of COVID risk or war, maybe once bitten twice shy? Lots of reasons for sentiment.
Finally, remember a profit is in the eye of the holder - if you bought at 3.5p then 5p might represent everything you hoped for. That's a trader's view and is independent of the perceived value long term.