Yes totally agree bigbench - this should be mid 30's at least now and rerating from mid 30's not where we are now. This is still remarkable in bargain basement levels Still a fantastic buying opportunity. Imo
RE: This is going to be a terrific week here12 Sep 2022 17:36
I think when we hit £50m and £100m mc. Then ii's will buy here as most are restrained by minimum mc - so won't be long and then you will bigger daily increases.
This is going to be a terrific week here12 Sep 2022 15:42
All coming together very nicely - flaring news next this week, that will give us a big boost. Lovely jubbly - this time next year rodders we will be millionaires
Rooblertwo what part of ' the market is waiting on uplift in production and RBL news' don't you understand? Art and his team are working on these now - like I said when market receives this news then sp will rerate.
The wider market has not caught on just how undervalued this is and is also waiting for production uplift and RBL news. All be worked on now. So now is the time to buy imo
Guys I don't do this often but I feel for you if you are invested here - but check out COPL as very undervalued and about to rerate soon imo. Not investment advice but for you to dyor.
Broadleigh nice post but not correct on valuation as you have added the debt to the sp and x 10 This is incorrect imo - it should be 10 - 20 x current SP ( MC) + 35m dept - 11m cash on the books. Makes the sp circa 300p not as you say 160p Obviously imo.