Onwards and Upwards – Sunday Roast15 Oct 2021 07:12
Obviously, news could indeed drop at any moment so we can’t rule that out.
But this is nice steady buying and selling gentle moves on the trajectory north as we re-rate towards that 80p peer average line, incredibly confident.
I’m not looking for a specific update myself on Friday or anything earth shattering from the Sunday Roast Informal Chat but what I am expecting is more new potential investors to listen in and understand more about the direction of the company, the new USPs and the stratospheric upside potential from here and think its well worth taking a position next week.
The key for us, in my opinion, pre contract terms finalised is more investors finding out about us, buying in and more free flow stock moving from traders to sticky hands and the more investors taking a two- or three-year view from here the better.
These interviews are just fantastic for further awareness towards the business and are sure to attract further syndicated write up afterwards for additional coverage.
As I see it, once terms of the first contracts are finalised, we will see that step change in the Share Price, but I want that to happen from a higher base line and I’m confident it will.
My target is to see the SP gradually climbing to the average point first and then a step change on contract terms taking us to a market cap value somewhere between £ 65m and £ 130m. That’s a share price somewhere between £1 and £2. I genuinely see that as being a realistic proposition here.
North of our first pound i.e., being north of £ 65m market cap value is practically guaranteed, taking us towards the two pound share price will depend on how strong the terms of the first license deals are and the strength of new pipeline to be added.
I continue to ADD, GLA
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