RE: Lets play a game17 Mar 2021 16:58
Wow. The lack of sound judgement on this board is epic. A rising SP does not equate to a good company and nor does a SP in the pennies equate to a low market cap or cheap company. Net current assets looks around £400,000 whilst market cap is £96M ... million! Unbelievable. For less money you could buy any of the following gold producers HUM, AAU, SRB, ALTN, CNG, SGZ or GDP. In fact aside from HUM you could buy 2 or 3 of them and still have several times WCAT's net current assets left over in change. This has to be one of the most overvalued shares I've ever seen. Similar stocks in the blockchain space are at around £6M market cap which looks more than generous and equates to 0.25p per share.