RE: Coiled Spring Effect Here2 Jun 2026 11:54
The Bull Case (7p – 10p)AIM Liquidity Inflow: Trading is expected to commence on the London Stock Exchange’s AIM market during the week of 15 June 2026. Transitioning away from the less-liquid Aquis Exchange (AQSE) opens the stock to institutional funds and retail platforms that previously restricted trading.
Drilling Execution: If Mendell uses its recently raised £5 million to successfully bring its next four planned wells online at Fort Dodge and builds out its second purification plant, the exponential revenue growth could drive re-valuation.
Warrant Snowball: Corporate filings show active investor warrants priced at 4p, 4.5p, and 6p. If the price sustains a move above 6p–7p, it could trigger automatic exercise clauses, driving the price toward the 10p threshold.