RE: £50-100m+ sales since last financial report?31 Dec 2022 20:12
I think they know they can't handle the potential amount of work they can attract, hence the route they have taken. DEME seem a good symbiotic relationship and why wouldn't they with the patents TGP have. The business is now is profitable imo, although we haven't seen the accounts to back it up, and with the cost cuttings and multiple $10mill projects. Is it really worth £7mill?. We'll see how strong the board are with the deal they do but can they convince the investor ts worth more than today's mcap. The business is on the up so I am happy to see what they can do. For what's it's worth, with the right deal a mcap of 40-50mill should be achievable IMO. Money free flowing into sector. Come on BOD's.