Exactly @Gazzleberry.
In the next 12 months they will be considering the best time to exit these particular investments..could be next year ,could be 3 years time who knows.Surely their decision will be based upon how the 2 core investments perform in the interim. Yes,a valuation would be great. However,would we prefer a valuation tomorrow of, say, £50m for Dynasty..or wait 6-9 months and maybe have it valued at £150m ?
Happy to wait as it's a safe hold imo..hard to find nowadays.
Hi @slugmum
My laurels are resting on alot more than Tony's positivity.I think yours are as well,otherwise why would you still be here 5 years later ?
None of us can influence or accelerate the timescale here for valuations of blu's holdings,we just have to wait. Nothing else to be said really until we hear news..sorry.
The Company is exploring funding options including trade finance as a stronger balance sheet would enable the Company to accelerate delivery of some existing contracts and increase confidence in seeking new business.
Further to commentary in the Company's 17 April 2023 notification, at present the working capital position of DeepVerge is such that the sum total of its trade receivables (net of impairments) and cash balances together exceed the sum total of its trade creditors and other payable balances (with the amounts owing to Microsaic set out above included in this).
Thks guys.
GB certainly has alot to answer for,which,of course he won't at this stage.New leadership now tho with GB gone.
Newuncle..how could anyone be selling in profit at these levels ?
Placing @ 2p
BOD in for £0.5m
2022 revenue £17.2m and rising year on year
MCap £11m
Have scoured the RNSs for bad news but things seemed to be looking up here..incl. £2m cost savings.
Anyone shed some light on the SP drop to less than 1.5p ?
Hi Duke.
That little 'sell' at .205 this mornin was my top up. Not quite .20 but i'll take it.
Funny how when it moves up again you be asking yourself why you didn't buy more lol..the joys. Was it you who mentioned CEL a few weeks back ? Put them on my watchlist but didn't have time to research..huuuge mistake !
to be getting another chance to buy more around the .20 mark. We might have to wait another while for valuation,who knows, but when it does come it will be waaaaaaaaaaaaaaaaaaay north of here, that's for sure ! Dynasty contract news could drop any time, a move to ipo could drop anytime. Enjoying life whilst we wait.
@ officemanager.
No offence but you are one of the biggest bullsheeters on here.I tried to warn a couple of weeks ago that there would be selling on NICE news and that much of the news was already priced in,especially after the recent, dramatic SP rise (albeit from the lows). Yourself and grimshady (where has he disappeared to..mmm) lambasted me for my post..as i said.."Remember,this is AIM" and there's bound to be profit taking,nevermind the looming spectre of a placing.I hope some lth's had managed to average down and recoup some paper losses. This will still come good imo..just needs a bit of time to materialise.
We're already at £30m mcap ,think it was £50k sales last year from memory, (could be wrong) so surely alot of today's news and near term sales projections already factored into SP. Gonna take a while to justify even this level imo.