RE: 12.5p to sell - half the October placing14 Feb 2022 21:01
What annoys me is that people mistakenly think this market isn’t still growing. Even post Covid the market is growing exponentially! Most companies now we’re trying to be environmentally friendly, limit travel, limit travel expenses and so forth. Online communication, telecommunications and portals are going to be huge in the next 10 to 20 years. Loop has huge opportunities to grow.
I’m expecting sooner or later will be locked down because of global warming.
Also, unfortunately I can’t see these are trading positive as there is no way the market would value company potentially trading profitably in such a fast growing market at 12m mkp.
I know plenty of los making companies in poor markets trading at higher multiples.