Member Info for timgaunt

Pretty sure we shouldn't read anything into the Bill Castell announcement. Look at his CV, he's had about 15 jobs, he changes every 2-3 years, Gamma was actually one of his longer roles. This is more about him than the business and it might actually prove to be a positive thing.

This company has been creaking for year or two and now it's all come crashing down. I owned the shares until spring 24, but as I posted then 'Bytes operating margin 27.4, Softcat 14.2, Bytes EBIT 70, Softcat 40, free cash flow 20 to 10, 3 year CAGR -17.7 to 8.6. The question is, if the CEO is messing about so much with undisclosed trades, then what else is going on at the company? Are these figures too good to believe? Don't know about you guys, but I'm a little nervous.' They're making excuses and putting a brave face on it, but this update is not good.

Bytes operating margin 27.4, Softcat 14.2, Bytes operating margin 70, Softcat 40, free cash flow 20 to 10, 3 year CAGR -17.7 to 8.6. The question is, if the CEO is messing about so much with undisclosed trades, then what else is going on at the company? Are these figures too good to believe? Don't know about you guys, but I'm a little nervous.

Sounds like a uniquely poor exit price for Forward shareholders today. How many takeovers get done at a 6% discount? A cosy deal done between Molten, Blackrock and Forward, presumably protecting the director's jobs above other members of staff.

Does seem rather strange that the SP hasn't reacted more positively to this fundraise being completed. After all the investment case has been massively derisked and near term production is a question of when rather than if. I can't help but think that with a bit of patience it will rise back towards previous levels. However we could do with management selling the narrative much better. Lithium, like all things tied to electric is a story right now and that story needs to be told in an engaging way to get people excited. I mean look at Blink Charging, which is valued 20 times more expensively than Tesla, or American Lithium Corp which has risen 5000% in the last year. Bacanora, with some passable PR could take a slice of that excitement.