The current MC is 50% of last years revenue. If that is maintained then in some 18 Months or so the share price will rise some 50%. However you would think that if the Dividend was raised this would raise the MC.
I think the current Divi cost some 45K. So, with a profit approaching 1 Mill in the 17/18 financial year what might the Divi grow to. I think this is key to the MC.
From the interims and NOT reflected in H1 (to come in the second half and beyond):
"The £3M pa of new guarding contracts, £0.8M of new security installation contracts, and the £2M acquisition of Access Key and Lock of Fareham. This adds up to £4M to annual turnover and in excess of £0.5M of operating profit to our core business."
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