RE: Buy at 12.1029 Apr 2019 17:41
In all seriousness though, and I know this has been said by some already, I don't think everyone realises what we have here... the reason that the AIM market is so volatile, and the misses far outweigh the hits, is that companies usually list there in order to raise finance - with the promise of future profits... as such they are often very high risk / high reward.
There seems to be something of an arbitrage scenario with BLOE at the moment, where the company has (inadvertently) landed itself in a position whereby they are not only largely self-financing, but actually generating free cash flow... the market is (slowly) waking up to this, but if near-term milestones are hit then there's a lot more money to be made here - and the reason the CEO looks so happy is that even if they fall short on those the FCF already generated means the rest of the project is significantly de-risked