For me, what is damping any hopes is the current economic crisis in the UK. Despite their energy crisis, high inflation, and regulation asking companies to report on ESG, there is just not enough sales of the Optima product.
The US operation is something the business was winding down, I don’t really see it as a catalyst like the UK.
Perhaps Optima has become too small to even be listed on the ASX, after all there is no incentive for people to invest when money in the bank delivers better returns without the risks.
I am not optimistic about this one, if anyone is keen to challenge this view, please do because right now I am bearish.
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