RE: Edison update3 Apr 2023 22:35
ddubya, I'm sorry to say that the share price won't change based on the £70m that is coming our way next year, because the market knows about it already.
The value of the company (market cap) is equal to the cash that we have + £70m (approx depending on the exchange rate next year) and the shareholders/potential shareholders perception of the future organic business.
The market clearly has very little confidence in the organic business, because the market cap is very similar to the value of the cash + £70m, thus assigning zero to the prospects.
I'm not saying it won't happen and I hope that it does happen, but at the moment the market has very little confidence, because we've been going for 20+ years with repeated promises followed by failure at commercialisation, and the share price tanking.
If you look back at the share price history and all those who were stung at £1.50+ per share decades ago, you would probably say "Not me, thank you very much".