RE: Valuation v SP8 Jul 2019 09:57
He didn't actually say that Vanguard, he was responding to a question about people shorting a minor oil company and said. ' i don't think so because one day the SP could be 0.2 and the next day it could be 3/4p in the right circumstances.' He did not say that UJO will be 3/4p. I am as keen as anyone for this to re rate but the constant chat of 20x multiples when we can't break 0.21 is boring. Pump the brakes eh.