RE: Feedback from SOH22 Nov 2018 16:15
£55m mkt cap. For £55m i.m looking for £5m profit. We seem to have say £500 to £700,000 revenues...to the end of Nov18, giving admin costs of £1m + some exceptional ip costs maybe. So we make a £400k loss (+ 1 off exceptionals if any) Thereafter reoccuring revs add to new streams coming on line ... gonna be profitable by H1 19. (We.re already breaking even in say Sept,Oct,Nov ...or maybe just 2 of these ... but the pattern is set)
Even if half the 26 deals produce just 150k ...we.ll be in profit H1 2019... say £900k ish. Mkt cap £55m ...is this figure enough for the mkt? Then we.ve got sbtx, other similar bio buy outs to add to our kudos ... whats not to like? Time ... an impatient mkt ...unknown brexit effect ... fair summary or not? Comments welcome. Thnx.