RE: Quite Happy12 Oct 2021 08:44
I think the issue with many LT but loyal holders Porky, is that they were badly burn't last Autumn, with the bull pressure, and subsequent sell-off, due to the way the RNS was disseminated and (erroneously) interpreted.
I think, therefore, that some would rather see the SP re-rate on news, rather than pre-news, to a sustainable, and much higher level.
That being said, I've always held that we should be sitting on 45-50p, in no knowledge of potential partners, and without the new strategy, so I would have to agree that we are now significantly undervalued. In light of that, I still maintain that your posts are a breath of fresh air.
I'm sure on news that the stagnation will release, and trust will be fully restored in the Company, by all, to a degree that reflects my current outlook toward Suzy and the team.
Obviously come RNS day, we will get the usual suspects flying in to say "it's only XM, that's not enough", but these folk would want 500M upfront to zip their choppers, so you'll never please anyone; I am braced for that.
Either way, II's and those who invest based on real revenue, rather than expectation (which many do) will do their own cold hard calculations, and I expect will buy in at significantly higher levels that we are seeing today.
In essence, it's very nice to get some positivity back, and I'm behind you on that, but I think the above probably encapsulates some of the responses you might get. To those folk, I would just say that, at this level, it's good to get an active bull investor, like Porky, on-board, and hopefully there will be more to come. Before or after news doesn't really bother me personally, because it will happen, but don't shoot a member of your own team.