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Mcap is tiny compared to the size of business
Small free float 41%
Huge deals with Space X and others OEM1 and government
Profitable
Cash flow from operation
Space X investment
Shortage of stock
Growth
Next update marginally above expectations
Missing only only it is British company not an American company . If this an American company it will be mcap around £0.5 Billion
This is £1 stock , i do accept that British stock don’t go mad with such news. If this listed on Nasdaq or NY we will see 300% increase with pre-market itself and 500%+ during market hours.
If this an American company and listed there. You will see 50 to 100% increase within days.
Unfortunately, UK stocks are undervalued.
Market not awake on this news, or €45 million is not getting attention yet. Or i am the only one excited
Correction
I am the only one who excited on this news?
Just from juniors they are : generating revenues of c.£3.7m (2022: c.£1.4m). This income will be recognised in H2. In the. Month of July and August.
So H2 revenue could reach alone £10 million + H1 is confirmed £5 million = £15 is minimal that unbelievable growth.
3x mcap is possible here in 6 months if profits is good and cash is good