RE: MMs and Derampers...16 Apr 2021 10:40
I don't have one. First things first, we need a very good test to sell. Once we do I'll buy more. I'll then wait to hear about how large our likely production capacity will be, I'll then get my calculator out and post some wild ramps on here and that'll be the basis of what I consider fair value. If they expand manufacturing or do additional deals I'll buy a widescreen calculator so I can fit the zeroes on it and set a new target. Meanwhile, AVA6K will turn up and I won't have a clue how to value it so I'll ignore it. If the price moves out of line above my targets I'd consider selling some. If we get beyond having a very good test then I imagine we'll be way beyond £850m, given a single contract from one govt could be in the billions and indicative of more of the same. At that point there's a dream of reaching retirement price levels, in that case my decision wouldn't be correlated with the future prospects of the company. Good luck all