RE: does gibson16 Apr 2018 11:16
Pom
As you wrote yourself, there is no Broker coverage. If it is believed that JG has had discussions with Brokers as he himself informed me he would, surely he should follow up with this based on what we all know....viz
At the day of the RTO before variation approval, before receipt of 8mill euros, before investment cash of 4mill USD by way of a placing, before UK launch which sealed the EU approval, before possible HK and Macau launch application and before the launch of the E5 with the remaining E11 in 2nd half of the year and not forgetting there is absolutely no debt, RPG was worth approx. 28.5mill squid, PLE was worth approx. 27mill squid = 54.5squid. Todays value = 46mill squid which is still more than 10% less if one excludes the effects of the recent placing dilution. Even if adjustment is made for exchange rate differences in 2016 and now, it still adds up to no added value.
This means brokers attribute absolutely nothing, to any of the above, Surely this is worrying and should be addressed. Brokers surely need to have some level of good value, which surely JG should be addressing ?