Not a bad rns, couple of new clients which should create new revenue streams in 6-12 months, could be a little better but at least the drop has finished and its a more positive rns compared to previous few years, looks like a strong upward trend from here..With current cash and profits Mk cap given low amount of shares in issue should be around 8-10p, so just sit back and wait for the November update...GLA
An encouraging RNS today, with some reasonably positive signs and commentary. Net cash is up by £0.7m from a year ago to £2.9m. This compares to a £1.2m m/cap.
In particular - hang out the flags - "we expect that total trade receivables and accrued income at 30 September 2013 to be slightly lower than at 31 March 2013" (shame about the lack of proof-reading).
And this at the low point of the cash collection season too, coming into the main debtor payment season in the winter:
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