Does this change the tech that's been developed? If/when this gets bought out or taken to commercialisation is it going to reduce how much shareholders get paid? If not, what's the problem?
Bit wanting to be a party pooper (in here from pre BOU) but are these huge rises creating a lot of fresh air / gaps underneath that will need to be filled? Hoping not...
So circa £200m, assuming shares in issue remain at 374m, round the 53p mark? May well be close, but does seem cheap given the potential. At the same time, if you hold eg,5m of these...
Anyone care to speculate? If this test works as required, it could eventually be hundreds of millions of units per year. Assuming potential buyers know this, at what price does it sell...?
We are now in the third regime (from my time as a shareholder) and the cycle needs to be broken - no more waiting for "the big thing" to drop. Back in 11/12 Themac was going to make everyone rich, then it was Itagon , now its Creswick /Lolworth (after BM is clearly not what we hoped) Ecr need to cut the krap, lose deadwood and non-performing assets sharpish.
What's the basis for a buyout price? Is it based on potential revenues? If Ciz are even half successful then revenues could be 10s- 100s of £m/ year in the future. 30p would seem dirt cheap no?