Member Info for Jacksdad

Not what he said...the priority is supplying the government with the kits they need and the price to the government is a sensitive issue. So we've got an investment underwritten by the government at a lower margin and the opportunity to sell the tests on the open market to the world at market price. It would be an absolute PR disaster to do it in any other order.

smasher....I completely agree. The issues facing CASP are facing all oilers and with the US's failure to control CV weighing heavily on the market....CASP is in rude health compared to other highly geared operations. I've added this morning and at this price am happy to do so.

Chris ultimately it's worth what someone will pay...the price I've quoted is not unreasonable...the only variable being the p/e. So let's say AZN try and steal it at a p/e of 10 that's still £20 a share....if they don't sell it the threat of dividends and a full listing will see this multiples of today's price

Current p/e for pharma is 22...have you all finished?

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/pedata.html

Pretty simple stuff really...why is worth £3 Chris?

Ok Chris tell me the formula for a valuation is it not
Terminal value= revenue X margin X p/e

Turnover £300m margin 51% and current p/e for pharma 22. Company worth £3bn and £40 a share....added this morning GLA

Another TR1....a placing doesn’t bother me this is the AIM as long as it finding something into production...if the technology has found a market I’d take some further dilution as long as it doesn’t just pay salaries

My gamble is that there will be another one shortly...in which case I’d see this back at the previous placing price in a shot...if not I am happy holding at a buy in just under .04

Agree very odd...going to hold and take my chances. The TR1 makes me think that something may be happening

It was not a trick question...I'd see it as a positive and wondered why it might not be?

Old Blue if you were to see another TR1 with someone increasing their position how would you view that?

I've been in since KNOC pulled out...so I don't know 8 years.? Bought at anywhere between 2.9p and 19.5p....I think overall I may have bought a few beers with some profit. I bought some and put them in my pension so convinced that someday before I die they'd make a few quid...the potential here is still the same...Huge!! Bought a few more today and may add a few more in the coming weeks...but as always with CASP I am not holding my breath

Interesting that despite all the negativity someone increased their shareholding above 3% last week...strange day today with a lot of negative posts...I can see this moving quickly upwards once those who are in at a price they are happy with, either change their tune or mysteriously disappear

Of course...but that applies to every listed oil company....maybe you should open a post office account and put your money in there

Currently the net assets are worth £380m and the market cap is just under £40m....that's good enough for me.

Bought today...looks set up for strong recovery IMO

Ahh good old Shebur....full of whit and wisdom as usual....interesting reading his posting history described on most boards as a prick...must be nice to be so highly regarded

Clive is a specialist in complicated funding mechanisms....far much time lost on creating tax efficient platforms for profits that they've lost focus on making....