RE: If Only3 Jan 2022 19:36
I spent most of the day at work wondering what Penny & the posse will spend the profits on.
My first thoughts were wiping out the remainder of the debts, but what then?
A special dividend? I hope not, a few million pounds of profit could really propel the company, but it would need to be shrewd about it.
It could hire fabulous research personnel from university or other establishment to proceed with better testing and new lines of products ( that's my favourite).
Buy buildings and rent them out for more generated profit ( I hope not).
Leave it in the cash flow ( I hope not).
Buy back 100 million shares......certainly would raise the share price but I think a reinvestment into its properties whether intellectual or products is what really needed.
As for the share price......to be honest......I don't really care at present, never been so relaxed over a stock such as this , I believe it will do well.......your money, have a good look round and see what other stock offers the potential such as this company
Best wishes schalf