How do we put a share value on Tissue Regenix?13 Sep 2019 16:07
With a market capitalisation of £39M and approximately 1,172m shares in issue, how can we know what is the true value of TRX at this time?
The company have excellent products to sell, the products have high demand, they seem to be managed well and they have some very valuable IP + assets.
I surpose managements promise to be at breakeven in 2020 which has moved now to later in 2021 does dampen our excitement.
So one question, when the profits do eventually arrive what SP can we expect?.?
My take is that without Woodford selling everytime we see any sort of positive rise we would have held pretty well around 10p +/- a bit.
So do we need the Woodford issue to go way before we have the opportunity to start towards a better and more realistic price?
I would welcome any other views on how we LTH should see the future of Tissue Regenix.
For info I hold over 500k of shares so very much underwater but still like this share for its long term potential.
Chester.