RE: Valuation24 Mar 2023 07:36
Valuation is about:
1) Intellectual Property, of which AFC has significant amounts that underpin a large amount of it's Market Cap, including the Ammonia Cracker which is now proven and thus valued a lot higher.
2) Products and markets, of which AFC has products to sell into multiple multi-billion pound per annum markets and added another one yesterday.
3) Clients and partners, of which AFC has the humungous ABB, the huge Acciona, plus many others considered large in terms of their potential to buy large amounts of product from AFC, such as the oil majors and utilities advised by AB yesterday.
Con men that just want to post financials are either trying to talk it down, which this one clearly is, or they are just a bean counter that should stick to FTSE-100 stocks.