RE: SP7 Apr 2025 19:56
The minimum relist market value for commercial companies is £30m, if they get to 2 billion Assets under management, this will be worth anything upto £120m, upto 20-30p on relist.
for comparison with its peers in the AUM field.
Lets have a look at ABDRN it has £495bln Assets under management with a market cap of £3bln which is 0.6% of AUM
In comparison Alpha with a £2bln Asset under management at 0.6% should equate to a market cap of £120m on same basis
Thats why the directors are saying the market is under valuing them and rightly so.
I said 10p minimum this year, but the real potential is 20-30p compared to its peers as proven above