Expecting the start of a re-rate here tomorrow. NAV from H1 at £32M, Revs should be c£100m, PBT c£8M, operationally cash positive, aquisitons continuing. The only way is up IMO
Not being on Nasdaq/dual exchange is a big mistake IMO. The disconnect in valuation between the competitors over the pond is insane - Yesterday was a prime example.
Still all part of the London stock exchange...same principles apply, penny stocks rarely trade at realisable value & have any correlated standard deviation!
I'm afraid this is just typical of the aim market. Suddenly it will just pop & do 100% out of nowhere...patience game. I'm optimistic H1 accounts will catch attention of a fair few when the bottom line figure is confirmed.
FY PBT nailed on to be £4m attributable to shareholders for 19/20. Once this is confirmed I can’t see how SP can trade much lower then PE 10x (c60p), Never mind the 100% growth. Even with Covid impact, 20/21 still likely to see strong growth.
They have literally re-negotiated terms on their debt facility over the last 5 years. The loan facility provider has no option but to agree to the re-negotiation...they have to be flexible if they want their £2+b back as liquidating the company isn't going to be in their best interest
From my understanding, Protos were contracted to include 'training' as well as their consulting - I believe the new CFO has taken the lead on this going forward...
I would have thought so - North Yangibana, which KDNC has 30% interest in has the highest grades out of all tenaments. Surely, KDNC wouldn't have RNS'd if not relevant!
Amazing rise, however, not than surprising. Still trading below pre-covid & way off 52 year high. Still much more to come considering the outstanding news today. Chuck in shorters getting burned & we have the perfect storm!