RE: Simply Wall St Analysis issued : 24 October 202124 Oct 2021 16:36
Great find - I went though the interims line by line today. This company has material upside opportunity
Everyone focused on thg making a bigger operating loss vs h1 20, but the key driver of this was a fair value hit on the derivative of soft bank option into intenguity (£38m) without this, it would have been an improvement and as the market gives no value now to ingenuity (which in its self is ridiculous) this should also be discounted
Somewhere north of 500p a share seems about right