I dont know if helium are sniffing their own gas or they have a motive for accumulating. I susspect the latter. Buying for a client or some sort of deal with oracle?
This product has legs and growth potential, and i can definately see oracles intrest, suits their cloud solutions business. I can't see why they cant licence it out to an organisation with thousands of corporate clients and users.
The new sales strategy is correct, but licencing would quadruple the userbase and returns almost overnight.
Unfortunately, I think you're right Dibs. Another placing is a certainty IMO and given the track record here it will be difficult to get one away unless there is a very substantial discount. Cash burn here should have been controlled much sooner and US sales seem very disappointing given the hype.
Not a snowballs chance in hell now of SiGNICANT director buying. You may see a cursory purchase or two to try and project confidence but this company continues to eat cash voraciously - £1.5m worth in the past 6 mths. Which means another placing is on the way, certainly within the next 6 months. And the next one will prob be @ no more than 50p.
'slightly ahead of expectations' . Nice to read that this morning. I have been waiting an update with baited breathe, expecting the worse! happy to see this today. I wonder if this means directors are now out of a closed period and we shall see some more stock buying?
Obiously, however this is growth company so it is more about potencial of future earnings. The problem though is the fact that value of the company is not backed by as sets. It is going to look overvalued until it breaks even, hopefully H2 2016.
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