Hi Upxdn. Any idea who wrote this? Is it a broker, an analyst, or a anonymous poster in a chatroom? If just an anonymous poster I guess it is no different to any other speculation. I was suggesting mr Tribe would want to double his money some weeks ago and got shut down yet does this carry any more authority. Hockings snr hardly after a quick profit as hes been backing them for years, although I guess his patience may be running thin and he wants out soon at a decent profit to make up for time it has taken?
Re valuation curious how we compare to other companies being used as comparison. My understanding was the company is only around 30 people, and if they sold surely mr Tribe and mr Hockings (Snr and Jnr) would want to be off?? Does it just come down to rights to the IP, or would the company be worth that much as a going concern. Hope it is for all our investments. I guess it comes down to who is actually driving the science. I thought it was Paul Watt previously but not sure how much involvement he has now. I have never really known with this company who the true "scientist" is that discovered eet, developed the generations of fpp's improving on previous etc?
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