RE: Expectations.....m10 Jul 2020 16:10
Inan,
It absolutely doesn’t reinforce it. You are taking figures out of context. The numbers are meaningless unless you factor in a TIME element.
I will reiterate the point I made yesterday about a faction of this BB being unwilling to acknowledge the effect of TIME on this as an investment.
Today, Chester wrote...
“ then it's just a matter of time”
JUST a matter of time?? No, TIME is the most important element!
This may well get to £10 per share but it may take years. The longer it takes, the less the annual return.
To have a credible valuation you need to state:
Some rationale and assumptions to support the figures
An estimate of timescales
A plan as to HOW you are going to get there.
To say £1, £3, £6, £8, £10, £12, £20,£200 WITHOUT some timescales and supporting argument is completely MEANINGLESS.