RE: SP price by the end of this week: PREDICTIONS26 Jan 2022 15:11
Trisor, I might dip my toe in for a million or two at .55 or even 0.65 but if we go another week or two without filter news then my belief nothing was progressed between PoC and signing the JV is more likely to be correct, which means an RNS re JV is pushed back to March, April or most likely May. By then the SP will be 0.25.
The only saviour might be an acquisition but with no news, new concerns come forward
1. Now seen a couple of Duffin interviews and IMO he hasn't got the personality for Smallcap acquisition trail
2. As the SP falls and the cash burns acquisitions will just get harder and harder to make work.
3. Cave will get pushed down pecking order so if he doesn't like it he can push back, the lower the share price the more he is likely to push back.
For these reasons acquisitions are now less likely than before so not much hope of a SP boost and before anyone says it please "look up" masks are finished for NNN.