Anyone spoken to simon since the RUI? Previous feedback has been that the market doesn't know how to value Sau.
A lot of crazy valuations out there, and our EV is like $7.5m or thereabouts.
No credit is being given for the company stating that dilutive raisings will be avoided, we have substantial cash in the bank, and a revenue stream coming, again.
Any one think bamford will buy on market, or will just wait for juicy options to be handed around?
SAU Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held