RE: TR1 holder moves over 5% RNS this morning1 Jun 2023 08:32
Agreed, tight register and small float. I have also a large 2.5-3% position which I have built up from the last placing, most of which I will keep medium/long term as the upside potential is significant. I will always take a little profit off the table on the way upwards, but overall it's now time to accumulate as the journey is just beginning and sit back and wait patiently for new contracts to be announced over the next weeks and months. Remember that Angus Forrest in one of his recent interviews mention that their 2-3 year objective is to reach a £10mio pa revenue which on a minimum x6 factor would derive a £60mio valuation ie around 50p. Clearly they need to deliver but the strategy is simple, clear and achievable. DYOR