Are we a sitting duck?1 Jun 2025 11:28
Taking everything into account, and now ignoring the TR1 spat, let's look logically going forward and what could genuinely be the outcome for OPTI.
1. We are at the stage, given the current sp of circa 15p that our total mcap is approximately £15-16m.
2. The current value of our SBTX holdings (admittedly reduced a bit) plus PBX (which came out with very good results last week) totals around £8-9m currently, leaving our "core" business valued between £7-8m.
3. We know that sales are rising within the UK (Sorry I have to mention it again but the other TW has even alluded to strong repeat orders here which are total profit), Morepen are doing well, the recent "placing" is now enabling warehousing to be done in the USA ahead of expected big increases in demand and it's accepted that profitability will arrive before the end of the year.
So, where does that leave OPTI? My view is that given current sales levels (not long to wait until the next trading update and the prospect of another deal being signed before mid-summer), I think OPTI could now stand out as a sitting duck, ie a bid target.
The SBTX/PBX current values are forecast to increase markedly over the next year or so (provided SOH doesn't sell any more!) and our expected profitability starting in the last few months of this year all point to it.