Be very careful of the quality of analysis here edg. it is dreadful.
I have tried to add a more balanced tone in my commentary.
There is no new news around at the moment. And in fact last weeks announcement suggests an avenue has been closed to them.
This is simply a deep value play. where a poorly handled placement and the exit of a major shareholder has kept the price well below fair value. Towards 1.1/1.3 it is now FV, and without news it won't get much higher..
GL
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