RE: Threshold of cheapness at 1GBP ( 2p old money)5 Jun 2025 00:05
Call me paranoid, but these posts both sound like they were composed by the same person
We seem to be bobbing along the perimeter of "very cheap" given SP long run history and confirmed performance from CFO and prior tariff mitigation comments from CEO. This will likely remain until H1 2025 outturn is realised with broker analysis and made public...but the volatility looks to be on the upside now for LTSHs.
There is solid support at £1 (the bottom). We have seen the clear out of some LTHs who lost patience and are building afresh. I believe the July trading update will see a massive positive market reaction harking back to 2021 when the share price took off. This time the foundation is much more solid and the business is expanding rapidly in multiple directions. 4.5 - 5m H1 revenue takes us break even. 2026 we see profit. That will change market mind sets.