RE: OK James Oxford.21 Feb 2025 18:01
I believe that James Oxford is actually quite correct in negating the managed share price theory. Why on earth would the board do that? They've already proven beyond any doubt that selling low price shares to get additional investment is not their modus The funding of the lateral is a glaring example of how they want to work.
I also believe that James, apparently optimistic share price is actually very realistic and is pretty much in line with what Premier Miton are hoping for longer term.
I know you have a large holding Setanta 8m or so if I remember correctly, I also have a slightly larger holding accumulated over the years And I am very happy with the way things going. Maybe I just have more patience as a long-term investor. The potential here is obvious, but sadly an awful lot of people are still looking to make a quick buck overnight or 50 quid. Assuming the well test goes according to plan, that will be the key to unlock the whole paradox and then we can sit back and reap the rewards.