Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.
even the shares of companies which are close to bankruptcy never behaved like this one...how can share price fall every day like this....there should be some kind of reversal happenning at some point in time..probably around 40p or 30p or indeed 20p...
why is this falling like this....has really inflation affected the travel industry? I still see Heathrow jam packed...assuming other airports are similarly packed...
will people stop going on vacation because of huge inflation?
even if they meet revenue and margin on Sep 15th, we sont see a much upside on this share...but if they miss the targets even by 0.000001%, share price tanks by atleast 20%. this is how market reacts to THG
being a PLC, they should reveal, on what basis did they though that 170p offer significantly undervalues the company...
are there any hopes for this share to recover in a year or two....or 20p-30p will become a norm for this share in a year time...
we all knew the softbank deal was not going to happen as soon as the share price fell below 300p. not sure why this was such a big news for the share price to fall so drastically...
also, ignoring the 170p offer, share price fell by almost 50% since last results...it rallied to 120p immediately after the results...
pathetic....share price is pathetic....I keep on feeding the market with no returns in vicinity...
last few months, the point I invest in something, not even for a second saw the investment in green..always in red...
checking their balance sheet...
total assets: 3.4B
total liabilities: 1.6B
intangible assests is showing as 1.5B, so tangible assets will be 1.9B
based upon this THG as of now should be worth just 300 Million...
if we go by this approach, almost 95 out of 100 FTSE 100 companies should have negative net assets
based upon the cash in bank and physical assets THG have and if it ceases to trade today, I hope I get more than what the current share price is...isn't it?
the other day I saw that the Robinhood more cash in bank with 0 debts than its market cap...not sure, how maket valuates a company...