GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
Even if Reed was sacked it is difficult to see what could be done now to change the company into a growing profit making entity. It's like a sub-model of the UK economy with its £2+ trillion debt, increasing benefit support demands and already maxed-out scope for tax income. The market doesn't like either.
It's like a monopoly player intent on buying the whole board with loans from the bank but insufficient income from the properties it owns. Amazing that the dividend has survived really. Clearly the bod doesn't care about the sp.
I feel this is a complete gamble since good updates result in a sp drop. Seems there's something the market doesn't like/trust.
The P/E I think is more like 20 than 56(?)
Wouldn't mind betting that the NT sells at £4.