RE: Current SP...23 Jul 2020 10:57
Hi Wong, I think you are correct that it now puts EVE, potentially, in the realms of a takeover, but obviously not at this price. It would have to be north of 6p, given that the company worth about 4p today. more likely nearer 10p.
But the caveat still has to be, has the last update been a flash in the pan or is it a sustained improvement? So the market will wait until the next update, to confirm or deny this latest set of results. (in the meantime I expect it to settle around fair value of, give or take, 4p