RE: Sub Cash valuation27 Feb 2025 19:51
Spicy Tuna - explain where you get 20p from? That would equate to £125m MC which would be £70 (SEVENTY) million less than the current cash they have in bank.
So negative valuation by £70m on cash alone with ZERO for other assets, inventory, IP, Contract orders, etc.
Explain the logic? And no, nothing about sentiment or drip drip retail selling - the LOGIC.