Despite the significant premium (at # 2.50
per share, a 39 % premium vs. the
market price), we've seen no sustained improvement in sentiment or the share price, which is pretty frustrating... However, this reflects a prevailing
market theme: While small /
micro cap stocks are oft - neglected these days, those which get «classified» as discounted asset plays (& specifically those which earn an insufficient return on equity) appear most shunned of all.