RE: Times on Monday 23/0624 Sep 2019 19:34
Hi John, This topic will always raise more questions than answers, but what would fair value right now be to anyone?
Realistically, if Chris is weighing up all options within the strategic review this must be on the table - he will have a fair value figure.
I can't for the life of me work out how we're at 4p with a current market cap of £300m. If you go worst case and someone offered Chris, 1 billion = that's north of 10p. Which btw, is far too low... I genuinely think it would need to be somewhere north of 40p with a written contracted guarantee the current workforce would be kept on, royalties kept etc. Would it please everyone? No of course it wouldn't - but it would please the vast majority with where we are currently.
Depending on your outlook, this is a huge opportunity to top up either way.