…and yet, several professional/institutional investors have a notifiable stake and seem to have held firm for some time. Go figure. It certainly isn't a pick for anyone who needs forward earnings visibility as the Croda deal which should be the jewell in the crown is shrouded in secrecy. I consider it to be like a typical nil-revenue pharma which has just licensed its patented cure for acne to AstraZeneca. If it works, everyone gets rich on 100% margins…albeit SBTX does have other small businesses in the group.Skins is undoubtedly a gamble but it is better than many AIM punts because there is already strong evidence that its IP portfolio could be valuable, with royalties only now starting to come in from Croda.Obviously, the SP has suffered as a result of the investigation into the former CEO's misdemeanours and a lengthy AIM trading suspension. But this has only set us back a year and the new Board, having steadied the ship, is now starting to see revenue growth above expectations. The upcoming FY results and 2026/27 guidance will give us a much clearer picture but the current SP looks to me like a bargain for adventure lovers.
TW you are such a pathetic jealous loser who has never done anything in your life except attack innocent people who you envy and try to ruin them after all your own businesses before failed with shareholders losing everything (must have small dick syndrome I am sure) but this is a new low attacking a taxi driver getting a tip and a school girl getting sponsored and trying to get her father fired. I ask everyone to cancel their subscription immediately and all defamed companies and management to email and join sheriffclassaction@pm.me and put an end to this bullshit once and for all!
It's not just morally wrong, unless it has been sanctioned by the shareholders, it's a breach of various duties set out in Chapter 2 of Part 10 of CA 2006.
Phil Pontus Pilate observed 2000 years ago what is truth.Human nature has not changed.There are no news media outlets today just propaganda for the particular view that people hold.It appears impossible to have any two way discussions anymore .
I think the Bull case for skins was made by sa in a podcast with you in 2021.The issue now is.A) No one knows how many shares will be issue when the company reaches break even.B) No one on planet earth appears to know when Croda revenues will surge producing a rerating.
Purplebricks is a litigant in person? Meaning they are not represented in court by a solicitor or barrister? Why not, maybe the lawyers want cash up front?
