RE: to any25 Sep 2019 14:02
mibo, that's about a grands worth.
Youll find this share has a habit of rising and falling.
Its better to just bottom draw and come back next year, when its likely 50p-£1
Even valued on cash alone it should be around 20p, just on cash!
Cash 20p
Add dividends from Poly shares, circa 300k a year, which you could class as risk free revenue
Then add BP101.
If you valued the company on cash and Poly assets alone you would be 20-25p.
Factor in BP101, and the IP, and the stock should really be valued fairly around 40-50p.
But this is AIM and true value often not seen.
BUT, its these sort of stocks, if your patient and don't need the cash, can make you a fortune in the long term.
End of 2020, when BP101 goes to market, I am fully expecting £1 a share, and there is no need to dilute, given 19mil is cash we can call on!
This really could be share of a lifetime for many.