RE: My thoughts on the RNS and valuation24 Oct 2024 09:41
Andypaps and you seriously think that is how companies are valued on AIM!!! Biggest mistake ever to think you can value an AIM junior prospector on figures you might apply to 250 or FTSE. Folk being doing those type of figures for years on AIM. They look good, but after all that is just your opinion. However, It simply NEVER works like that or is reflected in SP The only time you get a valuation on an AIM company is if is is taken out. You can get huge rises on a JV type deal.
Companies can have Billions in the ground, never reflected in SP.
As for Dividends......of course AIM companies well known for paying dividends lol
The SP on AIM is driven by the sentiment and movement of "The Herd", they move in SP goes up, they move out to greener pastures, it goes down! Folk buying in here on rumour/expectation. Then it will be Sell on news. Why do you think you can't hold a decent raise? Oh, and not just HEX, applies everywhere.
However, great ramp exercise. As for £2.70 lol when do expect this figure exactly?