RE: few buys coming in now21 May 2018 12:09
We will rerate this year, but i really can't see it happening in the next few months. Where is the cash coming from short term? We have some rights to the land in the first and second charge, but i doubt we'll sell it immediately. We'd need a buyer. We have a bitcoin venture, but that won't break even until later this year (provided bitcoin keeps rising, otherwise it'll be next year).
We've got some court cases in the works, but they're on going, and might need further funding. Another placement maybe? Currently i feel like that is more imminent than a rerate.
Before anyone says i'm deramping, I've been long for years. I just find some of the mindless ramping crazy.