RE: Closing price today?27 Jan 2025 19:52
"“There has to be evidence that this is a sure thing..” Hmm. At which point the shares will be at 35p+. The idea is to make the decision while there is still uncertainty built into the price, otherwise you might just as well go and buy some nice 5% gilts"
Spot on Wigwammer. If what CEO says is correct, then this is a many times multibagger. You're basically taking a punt on the extent to which you believe him.
Would a CEO RNS a breakthrough, and go on multiple interviews making huge claims about the transformational nature of that, and it turns out to be bull? My money is on it being mostly correct, with a bit of embellishment. So probably worth many many multiples of todays price. But I could of course be wrong.
The nice thing here is, that if its as good as he says, even a few k could turn into hundreds of k in a couple of years. Worth a punt in other words, IMO.