RE: Market Cap - IP worth?2 Jul 2019 10:01
Goldstinger - my opinion is that at this stage at least, £8m is still too high and that MTFB is certain to drop through 2p. The reason that we are here (imo)? The 'Market' is very unconvinced about MTFB now. So, it is reflecting its 'actual' worth rather than 'possible 'hoped for/best scenario' worth. The latter's credibility is shot, so the market has had to revert to a much more pragmatic 'black and white' valuation. Not in any way uncommon for a penny share on AIM but goodness me, MTFB is going to need to go some, to get this back to 10p. Brutal yes, but that is the price you pay for failing to deliver on your promises (even is it is someone elses fault). "Reputational Damage" is mega critical, when you are one man and his dog company, trying to take on the big boys - in a cut throat industry! Tis a high risk concoction!! ATB