RE: Q1 Results Summary18 May 2021 11:03
However, close or not we believe the "Read Across" from our "Peers" to be, one thing is for sure.
So far such " Read Across" has NOT been reflected/ mirrored in the SP movements of Tremor !
Taking the last 6 months as an example, Tremor SP has not follow the steep rises of the "Peers" nor has it followed the steep falls of their SP .
Tremors SP graph over the same period ( 6 months) shows a steady growth suggesting it moves somewhat independently to the SP trends of its "Peers" (US companies have fallen close to 50% whereas, Tremors fall from its highest SP levels during the last couple of months has been less than 10% )!!
What the reasons behind this 'independence' is will be the subject of long discussions but one reason could be that the market simply has seen Tremor plc as a more robust Value Proposition in comparison to the inflated values of others in this sector!?
The above independence would be put to the test a bit more realistically once we are Listed and are partly operating in the same market as the "Peers" . (Although we would need a medium term time span to truly judge the outcome).
In the meantime, Optically, It would also be helpful to have seen the US Peers SP stabilise over the coming weeks, providing a more favourable environment for our entry.
A good Guidance to our H1 2021 soon before Listing would place us in a much 'Sweeter Spot' to really maximize our SP potential