RE: Great Update8 Jul 2025 12:36
Don’t worry about Aldebran. It’s generally accepted he is the board nark. He can have an opinion if he likes but as with anyone on here, his opinion has the right to be challenged.
Like aldebran I hold a substantial position in Avacta as well as here. In both cases the position size has been as a result of averaging down in the expectation that the fundamentals will out weigh the cesspit valuations afforded by the UK markets.
In both cases a takeover is the likely outcome. In the case of boom I’m not sure why Aldebran has such a passion for negativity towards the share. Maybe he bought the hype and suffered a few years ago?
Either way Boom will not be seeking a placing. The cash run way and income are more than sufficient plus the demise of the “erroneous contracts’ by year end will drive the multiple going forward
I would be shocked personally if we are sub £6 by the end of the summer and ultimately taken over north of £8 by year end