This may have something to do with it. Taken from 8th July rns: Post Close Trading Update In line with the trading update issued on 29 May 2014, the Board of Sabien (AIM: SNT), the manufacturer and supplier of M2G, an energy efficiency technology, expects that the Company will report a loss before tax of no more than c.£0.3m in the financial year to 30 June 2014 (2013 £0.4m profit) on revenues of £2.13m (2013 £2.47m). As indicated in the May update, the shortfall in revenue relative to earlier management expectations was due to a delay in the receipt of some substantial customer orders that were expected to be received in the second half of the financial year but which are now expected in the financial year to 30 June 2015.
New to this. Why has this taken such a battering?
15 Aug '14
Small dip - couldn't resist any longer GLA
14 Aug '14
yep. had a 'code 1' the other day on another investment. here's hoping for some positive news
14 Aug '14
These small codes often indicate change in news.volume etc Bid price rising and with cash of 30% of cap we are well cushioned for dividend at very least imho
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