RE: There Is Only 1 Person31 Mar 2022 19:20
It’s a hard one when getting to those figures as between now and say a 5bn mcap as someone said, the company will have to fund raise a few times. You can’t go from where we are now with a pretty small pocket to a £5bn company without a lot of money growing the company. £2.5bn I think still would need some kind of fund raise so your £4 share would be say £3.50 anyway. For me I have a £2.50 target with a review of will it double in value before my other investments or is something else likely to double before this. I like AFC and am heavily invested in them but if something offers more money when I hit my initial target I will review my shareholding. But I do agree that we should have targets and whether it’s £2 or £10 a share AFC has the capabilities to hit both, it’s just what timeline is that which is why you see how the sales are going, profits etc but we are a whole off that so for me it’s just seeing if the company is progressing to sales. Personally I think they are doing a good job and on the right track to continue my investment. Even short term buyers with much lower targets I would recommend to at least ride the wave of H2 sector. It’s fairly down at the moment, just wait til the whole sector goes back up, but have a target price