RE: Production Revenue (ex Spain)31 Oct 2023 10:34
The sellers will bat us down until the income stream starts to get our mkt cap to rise. For me with our numbers and projected numbers we are at that level, but clearly the sellers don’t agree. I’m sure also I remember the board having options at 12?? So significantly above these levels.
I get shouted down when I say we are ridiculously cheap at a price down here, but I really don’t see how we are not valued a lot higher.
The share price was beaten down (maybe) for mates rates as the share price had taken off 18 months ago … best way to flatten it is ‘convertable debt at a low figure’ so when the price is 8.0 …12.0 …16.0 you can sell your existing holdings into the price and take up your 4.50 ? Option with the funds.