RE: Big Big News Incoming23 Feb 2023 11:32
Thank you Tiburn, much appreciated.
I understand what you mean, but the SP is relevant to everyone, as thats the way we make our returns. The last 2 years have been horrendous for a lot of people here, including me, given that so much has happened that should have increased the SP, yet now we are under 7p, is just ridiculous. Surely the best outcome would be take over, as with a JV, we are talking about 400% just to get to the 30's, and that only gives us a MC of about £80mil.
Yes, although Blackstout's figures did look good, I fear the real progeression would be a lot slower (f anything), as this has become a traders dream, and as you say been manipulated, and hence, more then I think more likely to be taken over cheaply - and by that I would think around £2.50 (don't forget the buyer would want to make a substantial return on their investment - just like we do), which to be honest, I'd be a lot happy to have (as I'm sure other would) within a few months - hopefully, than wait 3-4 yrs, not knowing what can happen in life, look at what Covid did to the world.
Here's to the LTH's - we need a change of fortune here...
Thank you once again
GLA
ps. I did laugh about your Iron comment...only for Fish to be re-born...