RE: Agree25 May 2025 12:59
In my opinion there's still phenomenal value to be had here. SP was 10xhigher a year ago when the company was in a much worse position - incompetent management this time last year, massive unresolved debts, no clear direction.
Now: Major directors with personal shares and great track record and interest to make this reality. Always look for investors having "skin in the game" - Shackleton happily took shares as payment and probably has knowledge far beyond any of us as to the potential here. Put yourself in his shoes - do you accept £25,000 worth of extra shares instead of extra cash without good reason ????
The excellent commited chairman, Mr Roberts, is also a significant personal shareholder.
Moreover, great new commited institutional investors and funds secured almost equivalent to current market gap! Legacy debts deferred until end of 2026 to give company chance to turnaround!
Great industry leading expert Henriquet fully on board and being promoted to COO.
Honestly, the sky is the limit here. I'm personally reloading on Tuesday morning for an extra bag of sand. It hasn't stopped climbing and there's even more good news to come. Honestly I see this as a major multibagger in medium term now, I honestly don't see how it can't.
Essentially:
1) millions in bank (with more if needed)
2) great new team assembled including Henriquet
3) failures of previous management purged
4) excellent knowledgeable new board
5) legacy debts deferred for 18 months
6) at core, an AMAZING product - great demand once correct structure is actualised.
Biggest bargain on AIM for me now. All in.
As usual, this is my own opinion but I've been proven correct recently but do your own research as this is NOT investment advice.
Good luck all!