RE: private auctions - who will play?18 Feb 2014 14:54
Yeah, I mean, this is probably a slow burner but is a safer bet on volatile AIM than most oilers and miners. You're not gonna get weather delays here, rigs stuck hafway across a desert or politicial uncertainty.
It will, however, by my reckoning, take a doubling of the current market cap to even get us to a more tasty 28p. Five times mky cap will give us around 70p and seven times market cap will get us to £1.
It still feels a lot more like a more stable FTSE stock somehow than an AIM one.