RE: £112k BUY16 Apr 2026 10:03
The rise for the news wasn't over a couple of days, it was over 3 to 4 weeks.
For me, this isnt rerating because there are 2 overall concerns.....1) there is obviously some concerns about the man at the helm, I'm not concerned personally, bit his name is brought up a lot and not generally in a good way......there's definitely mistrust there.
2) Anyone thats every been involved in a big new industrial project knows there is a lot of money involved in getting it off the ground.
I for one have a massive nagging thought at the back of my head that raises may yet be required on top of the income they have.... they may not....but its not rulled out. This is the big issue.
I have been heavily involved in several new build industrial projects over 20 years and they are never completed on time, and always end up costing way more than originally planned.....normally many hundreds of millions more...... I damn sure won't be the only one thinking where all this money is coming from.
Some clarity from the company on this would remove pressure, but its probably too early.
I might add that there was several people here calling me an idiot less than 48 hours ago when I sold out at 1.68 because I said it was going to drop back immediately after news.....they said...noooo....its going to continue to fly up and Stratton, your just as bad as Stocky the troll......BS.... Im just a neutral realist......and here we are massively down from 48 hours ago.
This was obviously going to drop back as there's now going to he a quiet boring period and people will get bored and sell out.
I still think this has massive potential, but I think its going to he a bit more drawn out than people realise.
Most industrial new projects end up years behind budget and schedule during build and commissioning.