Undervalued STAR27 May 2024 18:44
STAR is looking better each week, chart looks primed for a move up this week.
It still amazes me the MCAP is around £11m, based on the multiple assets, SSE JV, Geothermal it should be around £200m.
Broker notes pointing towards 50p and NAV of nearly £300m, an absolute gift at these levels.
Let’s not forget Ineos hold a 50% share in some of STAR’s assets 👀
Potential 20 bagger on our hands.