I respect your posts and views, and you've made some excellent contributions over time. I also agree with your sentiments about the current valuation, but I was just commenting on what I've seen with the SP and how its been responding to news in the last year or so. It is what it is. The SP now is more or less unresponsive to news. Yes, TLG is now very undervalued. It was also arguably a "market darling" when the SP at $2.20 which meant the market cap was nearly $1 billion, when they were years away from commercial production and revenues. As to the images of dinners, and group photos with pollies, I've simply seen too many of these lately. Maybe some shareholders like them, but not me. Why can't they instead have some updates of what they are doing in the plant, or the Cambridge lab ? Are these folks all hibernating whilst the appeals get sorted ? Finally, there's nothing wrong with complaining about these delays. I did so here when they were waiting on the supreme court, and low and behold, the application was just sitting in a pile for months because someone in the legal chain was on sick leave. If TLG had been more pro-active in picking up the phone, maybe that road block would have been removed earlier.
All IMHO, DYOR
TLG Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
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