Near Term Profits23 Feb 2022 12:48
Our only hope of a near term profit is a quick takeover bid. I do believe in the SM IP and technology, but the tone of all the RNS's to date is one of 'future' profits are coming. I remember someone on this board saying that the Private investors don't matter, but they do. They own 25% of the equity ,1 billion or more shares. They are causing the share price falls each day. May be the II's will have the final say, but where will the share price be at that juncture. I think we need a hostile takeover bid to shake management. After all, PM did state that he wants to increase shareholder value. Note, my point of view is based on making a good profit, not what is good for SM management!