RE: Alias Smith & Jones18 Dec 2025 20:58
So I make that 14m mcap and 14m cash & assets (no goodwill/future earnings/platform valuations, licence valuations)
gives us a an SP of 1.25p..........so I would expect the least you can wish for is a re-rate to 1.25p. A few positive updates 1.8p to 2.6 (this will help someone)
Any higher the its performance based/pegged.
2026 couldn't come soon enough. I'm being very conservative on SP. Some have expressed in ear with Mica/EMI/API in different jurisdictions 9p should be for starters as we would be global without the tarrifs hurting us for the next 2 years.
But that was a conversation I had we someone down the pub!!!