RE: If I may duck in..25 Jan 2018 14:05
LoR, I'll try and not hit you with my handbag!
To my questions about 3 past collaborations (and what, if anything that they have produced to date, or may do so in the future - news flow has been pretty quiet / non-existent since they were signed) I can add a couple more absolute Engineering and Scafell Organics (the one with Scafell being concerned with the production of PAEK Plastics) given that all 5 of these are getting on for / or are more than a year old you would've thought there would be some news of progress even if it wasn't related to an order / revenue stream (yet) - but I can't point to any can you???
So my point, in relation to why I believe the SP is over-valued, is that as these first 5 have so far produced nothing / anything of note what's to say the most recent ones (IAI, Dow, etc) are any different?
I get that AIM is a little different and valuations are driven by hope rather than hard numbers necessarily, it's just that I think the hope may be a bit overdone and is heavily weighted towards the China news (think what happened to the SP at the end of last year prior to the China news) if this deal isn't completed or the terms aren't favourable the impact upon the SP may be quite large.