That’s only 3 mill less than CHF. Reckon this may drop with time only to then bounce back with news - the same way chf did. It dropped all the way to 1pence at some point - but hey just for the sake of a balanced opinion I could be wrong
If you compare the current mcap with US stocks, we are quite undervalued - that includes miners and ones that are bitcoin-related - RIOT, MARA, BTBT, CLSK, NXTD and CAN. The lowest is NXTD around 40 mill US dollars. The highest mcap is RIOT around, 800 mill US dollars, roughly 500 mill GBP.
So, if we wait for the Jan 2021 update and then next news in Feb 2021, this should go much higher and eventually match US stocks. Does that analogy sound about right ?
What impact would good results have on the company? I think, short-term, a possible 20% increase on the day and maybe stabilise after that. Long-term, depending on future developments, possible comparisons with GGP or UFO?
RE: DILUTION in rms has happened in HALF only05 Nov 2020 23:00
sometimes these things happen casper - it is part of trading - part of AIM and part of the process. I remember NCYT back in Jan and Feb when it shot to 120 pence and then dropped to about 60- 70 p. FUndamentals were sound. Those who blocked out the noise and thought rationally are laughing now. Once again part of the process in my view. Fundamentals are sound here. The rerate is a matter of time. It requires patience.
To each their own - all their best with yr decisions !