TRINITY DELTA ANALYST REPORT- COMMERCIALISATION & 74.4p/share valuation30 Apr 2021 10:51
At the risk of repeating previous posts, though worth repeating, from Trinity Delta Analyst report dated 14th April shown on the FUM website,
Commercialisation deals expected An innovative agreement with Atlantis covering
China and the Far East was secured in March 2021. Atlantis is responsible for any
necessary approvals and commercialisation and will split profits 50:50. The months
following CE Marking should see further commercialisation agreements addressing
Latin America, Middle East, and European markets. The aim is to structure deals
that prioritise long-term value rather than near-term payments.
Also,
Updated valuation is £190.3m (74.4p/share) Updating our model for these results
sees our valuation rise slightly to £190.3m, equivalent to 76.6p (74.4p fully diluted)
from our previous £181.5m, equivalent to 73.1p a share (71.3p fully diluted)