Nothing has changed28 Mar 2021 09:33
Just catching up on the board as been busy moving recently. Whilst sentiment has returned once more, nothing has changed since MB was posting valuations mid last year based on Fincapp and company figures. 100m tests a year let’s say average profit of £2 a test, that’s £200m. More profit per annum than the current market cap before we even start talking about PE ratios of 5, 9 or 18.
Just buy and hold if you can.