RE: Vast28 Feb 2023 11:54
Old sp's worthless , only old market cap values hold any worth.
Every dilution means the old sp , worth used toilet paper, the value at the time
however remains a valid target, if you have been a £50m MC company and you
progress , you can go beyond that previous high, which might be nowhere near
the old sp.
e.g. my ORCP around 12 years ago 10p a share, currently its 0.20p a share and
the SAME market value as way back then. Dilution kills all old sp's, its always
about Market value , never sp
Achievable Market value , divided by current share base = Potential sp
In the past , they have talked of Vast being a 200-250m company , just on BP
in full swing and profitable , with the potential for a half billion company ,if
Zimbabwe ever came back.
Well one is getting there, the other is returning soon, with a Tajikistan and rest
of the Vast portfolio , a little cherry on top.
Current market cap , floating around £14-£15m, its a very long way to £250m
let alone beyond, mega multi bagger in the making, IF and with AP its always
an IF, he has finally juggled all the jigsaw pieces into place, profits, debts
cleared (diamonds) and more progress on the way.
Who would have thunk it, Vast an early candidate for share of the year. GLA