PriceSome of you think the share price is far too low. But is it to low at the moment?
Bearing in mind that we have been through various private placements in recent months, and that the access to capital in the near future is currently unclear, it is unreasonable to expect the price to suddenly skyrocket.
And if we look at the balance sheet, it is nothing to brag about as it appears today. Moreover, management must prove that their plan works in the best interests of shareholders. This will of course take some time.
But there is huge potential here for major changes for the better for the shareholders in this company. And that is my point. We all know what management thinks about the future of Abcourt, and what they are trying to achieve. The question you have to ask yourself is whether this sounds reasonable or not.
And if the management lives up to what they say, the share price will eventually stabilize at higher levels. It will just take some time.
My opinion