RE: New Resolution Extract from Article 725 Nov 2020 21:35
Jack, I have a feeling UJO will cash out 'sub optimally' as you suggest, because the shareholders appear to want to cash out asap. That, to my thinking, would provide UJO with a market cap, after the sale of their interest in the licence, of around Β£65m. A share price of around 0.32p. Not to be sniffed at, but much lower than most shareholders would expect.
Time will tell of course.