Big disparity between the Share Price and real value9 May 2022 10:06
The market cap is currently under £27m however on the eve of the re list there was a broker note out giving DG Innovate a valuation of £160m. Now that’s nearly 6 times the current market and that’s with out any news. On top of this, the acquisition was done at .6p and during the suspension period £4.5m was privately raised at .5p
So realistically before any news the SP should be a minimum of .6p. The reason that we have this disparity is because many the long term existing Path Investments shareholders have sold their shares, probably because of fatigue and I guess that a profit is a profit.
At the moment there seems to be very few investors are aware of the potential that we have here. The moment a contract is announced the share price will far exceed the brokers note.
Great RNS this morning. What more hints do we need have telling us that a big contract is coming with a major bus and truck company. Imo this company has the most potential on AIM and therefore has now become over 70% of my portfolio.