RE: When this is 12p....19 Jan 2024 11:51
I like your optimism there SMISSHMAN75 - but I cannot see that.
12p would equate to an mcap of £1.2bn. Personally I hope you are right, but I think the BOD will want to grow the company with positive announcements, contracts and possibly joint ventures with manufacturers. Then when we reach 1p (£100 mcap) a needed consolidation of 1 for 100 to make a £1 sp. Then with further positive news we could maybe get to the entry level required for a Nasdaq listing. It's only my personal view, obviously open to debate and discussion, and I may be totally wide of the mark, but I think going forward the BOD will want a heavier weighted share price rather than one in the pennies.
That way lies more institutional interest anyway.