RE: RE: Corallian/RBD projects for sale19 Jan 2022 19:12
Thanks CB , but more thanks to BMD and his scurvy crew on here for allowing myself and many others to buy at .10.
I have bought at .86.67,59,25,35,22,17,10. something so quite frustrating , but had the same with JLP bought 30k's worth at 2.5 held for five years and look now.
Loads of one year or one month multi-baggers over the years but they are not the norm. IMHO This will multi,multi bag but that is just my opinion.
My best guess and it is an only partially educated guess is that it would add at least 1.40 to current SP as the current NAV excluding WN is .36 according to the most recent research note from BNP Paribas.
The cash in the bank would reassure the market of no need for further fundraisings (even though we know they don't need to at present) but the spread betters have made a killing out of scaring people out of their shares by suggesting they need one.
The Daybreak deal once completed will add a small amount of confidence as we will then have liquid assets. Parta has been written off as zero by the market absurd. ATB