RE: Hellodave12 Mar 2025 19:09
"Haha, are people really this clueless? The current SP is purely down to uncertainty around the review (which is now a non-event) and the board’s history of overpromising and underdelivering. The bid price will be based on the
fundamental value of the company, not short-term sentiment-driven fluctuations. If people can’t grasp that,
they have no business being anywhere near the London
Stock Exchange"
Have to disagree. The first crash was review.
Second was more down to the bad handling of rns and presentation...mentioning debt as if an issue and leaving the possibility of a placing. IMHO.
The question is that it made it hard to know what the hell was going on and the market hates that and punishes you for it.
Personally I don't think it is an issue ..they had plenty of time to renew finance and just the CEO being belligerent when asked a question he didn't want to elaborate on.
However there is still doubt...and therefore impossible for us to value the company.
It may be worth well in excess of 90p...but that is my current gut feeling.