RE: NBGC deal - First Cash Instalment7 Aug 2024 14:53
We know that the gmet business model is working. Their sp has gone up 4x since it came onto Aim. I don't see them blaming the market. Plus gmet hasn't made any money. If pow sold tomorrow we would be in a great profit position around 17mil at the moment. Gmet shareholders dont want pow to sell of course because their sp would drop considerably. I'm not a gmet shareholder, so it would be a great move for me being a pow shareholder.
Sean won't sell yet, so we need something to encourage buyers here. The ACAM JV news, if positive will help and I still think a power Arabia JV alongside pow will be a huge advantage for our sp (Not another ipo)