RE: Times27 Jun 2019 08:47
Here's the summing up at The end -
The company’s valuation of £980 million equates to less than a year’s worth of the £1.1 billion of steady-state annual profits before tax and other items that Sirius should make based on the mid-point of its estimates. It is undoubtedly a gamble, but those who think that the company can pull off the financing should definitely buy in.
ADVICE Buy
WHY The funding seems likely to succeed and, with production costs low, future profits should be high