RE: Alias Smith & Jones18 Dec 2025 22:53
Billy, it's a pointless exercise just to make yourself fell better. find anyone willing to pay 1.25p for the share, even if it Is the enterprise value. most optimists were hoping that the revenue would be £4-5mill for the half year. that would have given you 1.25.
i've been thinking about what price i'd take this and, atm, outside of a dramatic drop, like the share dump a couple of days ago, i wouldn't... even if it now hit 0.5 and 0.53 to buy, at this point... if it flash crashed again into the 0.4s then probably, but only for the bounce. but there are just too many daily opps to stick money into this dead share, atm. there's at least 20 working days to watch it before contemplating either the sp or enterprise value!
personally, i'm waiting to see when/if BoD will buy shares. whether it's a subscription or a wider placing in which they participate, but i fail to see how they could buy sufficient from the open market to make a dent in their 2p average, never mind the 200x 2p they predicted!