RE: Share price19 Apr 2024 10:43
Sorry to hear that FG. I think we’ve all been there over the years, particularly with AIM companies, which was kind of my reason/point in asking the question.
There are lots of people here invested in Chariot (many of whom have been for a very long time, myself included) who, over the past few years have bemoaned the lack of value reflected in the share price. My point in asking, and nobody apart from yourself has responded (and in a somewhat derogatory manner towards KAT) was to highlight that 95%+ of AIM companies are undervalued, not just Chariot. AIM is fundamentally broken, and from my a personal perspective every one I’m invested in has failed to reflect real progress made, and reflect in any way in the share price.
Chariot HAS made real progress, have huge inflection points to look forward to in the coming months, and is largely derisked as an investment, yet the share price has halved in 4 months. It doesn’t seem to make sense, until you look at AIM as whole, then it starts to.
Value will come here eventually, but it’s going to take a change in Comms/PR strategy in the short term and/or 100% confirmation that gas will flow in the medium term. If there’s one thing the market doesn’t ignore, it’s income, profit and dividends.