RE: Re Worth 10% of current price9 May 2019 10:05
Jiving - taking your posts at face value rather than as a shorter or buyer looking for a lower entry price....
with aim shares they are very rarely valued at cash value, by their very nature they are smaller cap companies and you have the chance to buy in to the future potential of the company - albeit at a premium.
The size of the premium is driven by the potential upside, the potential risk, sentiment of other holder or potential investors.
So as with all things the share is worth what people will trade it at, if there were no sellers below 5p the SP would be at that level with a trading margin either side.
of course if you have an agenda that is fine, be open and honest with it and you will have more respect from the board. The members will often become more willing to discuss matters and you may find that people agree with what you say, but are still unwilling to revise their own personal valuation of the share potential.
I hold in BPC, I have a trading pot in BPC. 3 months ago I had no plans to increase my holding here. I would now like to increase my holding in BPC but will only do so at or close to my average. Having reduced that average from over 8p to comfortably below 2p I am not buying at this level.
If BPC do not get a JV the company is worth next to nothing. Most posters here accept that and have acknowledged it openly. Cash reserves will do little to help prop up the SP in 18 months time without a significant change.