RE: 0.4 next stop14 Oct 2022 20:14
Valuation of the new company can be upto £30m.
One of the takeaways from 2021 statement was the wish to create a £100m+ company, on that note, I would say owners ambitions/ outlook for a medium sized company exist, it’s likely they want to succeed with a simliar goal, and nothing has changed on that front, else why bother with all the trouble and stress involved with documentation, prospectus, FCA and RTO and fulfilling LSE / FCA requirements. Hardly riveting the process I imagine.
A week has gone by, next 10 days (as roger states) we may have news.
1p is an “achievable” target here. Not ramping, saying it, as it has legs, and touched base1 few times now.
Cheap electricity production would take it further up, but not getting carried away. 1pish would be a pleasure for 70% of investors.