RE: Analyst say BUY!12 Mar 2022 20:49
Whichever way you cut it, it's worth multiples, simple as.
6 months ago £6+
Softbank and Sofina bought in £6
Multiple institutions bought in at £5 IPO
Softbank $1.6 Billion option in next few months at £5.96
To make things simple lets just say option price halved, Ingenuity alone would still be worth $4 BILLION! Remember all targets issued at IPO have been met. For Softbank it's not only a cash investment its a strategic move. They want to move their big businesses on the Ingenuity Platform starting Q1 2022!
As for PE, things could drop anytime. I'm sure many are clamouring over themselves to buy them out. With huge BOD and Institution holdings, won't be easy.
Sit tight, patience, keep hold of those golden tickets, things will turn around in a flash!
Shorters have used the ILLEGAL moves of Distorting here by lying, they will be super careful now. Libelous.