Dreamers or not3 Oct 2020 22:46
I do love seeing all these guesses at what the SP could be this year, next year, next 4 years etc. some I believe are dreaming as there’s a long way to go and a lot of work to do ahead for the directors to push this forwards, but I’m confident they’ll do it.
Having said that, SP’s of 10p, 20p, even 50p or £1 might not be far off the mark......BUT that will be because of a share consolidation which the company have suggested is necessary to entice big institutions to buy in. Having said that, some already have apparently so let’s wait and see what transpires.
I feel a consolidation would be good. 32b shares in issue is a hell of a lot, we just need to wait and see if it’ll be a 10, 50 or 100:1 ratio. I think 10:1 isn’t enough. Maybe 50:1? Who knows, let’s wait and see.
Having researched this a lot I love the concept, it definitely has a future and as it progresses and proves itself it’ll bring on board other big companies looking to ease their bank balance and also, If a listed company, prevent the need to issue more shares and upsetting shareholders.
A lot of positives here, patience for sure and I for one will not be selling any of my shares for quite a while and I’m holding 10m at the moment.
Good luck all and enjoy the rest of your weekend.