RE: RE RE: RE RE: Trading Update22 Dec 2020 16:54
I'm not in any rush. At this price, a slow accumulation suits me. Year end should see us end on a PE of around 10 to 12. All being well if economies pick up again next year I can see a PE of closer to 6 in 2021. Dividends will come no doubt, in a few years.
They also have a scalable model and can quite quickly ramp up production as they grow their market share.
Obviously a share price rise would be nice, and I have a feeling 2021 will be a good year for iofina.