Where do we go from here?1 Aug 2024 21:38
Obviously my personal perspective, but after a wonderful day, what happens next?
I think we all agree the third of the big three give us “investment value”, that’s a given.
Balance sheet didn’t suggest AUKUS input so maybe Q3 for that?
Tufan’s dedication to SMR was obvious suggesting a dedicated response come November with contracts announced in Q1 of 2025 was a necessary response from the UK government. (As stated way back when, I feel RR SMR Ltd will get 100% of the contracts).
I truly feel a low figure of £7 come Feb 2025 is realistic.
Down sides? If you listened to the presentation, Tufan acknowledged this wasn’t a continued upscale in terms of SP (loved him for acknowledging that).
He understood, like me and many others, that there is a gap to fill to get true value (I’m suggesting £7) but thereafter at a 70bln MCap (in my humble opinion) it becomes a share that rises modestly in keeping with current affairs.
We won’t see any massive boost after £7 as far as I can see.
Yes, it will gain, but not in the same dynamic we’re currently seeing.
Hope that makes sense. 👍👍