MORT.L Share Price (MORT)

not invested either but also been watching since I sold at 63. Not pretty is it, I'm assuming a seller and as it's so illiquid it falls in droves, last share I saw similar was msys which went from 60p to 1p ! debt pile isn't too handsome either

here but just keeps dropping. Anyone have any thoughts?

probably a slow safe burner so not for me - but firmly in watchlist!

Last results: Profit before taxation up 22% to $2.2m (FY 2014: $1.8m). Expect that to increase imo.

A number of key client wins from our Peregrine Guarding business in our final quarter have contributed to this performance. We have added further Blue Chip clients to our customer base across India, including JP Morgan, Cummins, Fortis Hospital, Cairn India and Delhivery. Our UK subsidiary Office & General Group Limited (O&G), has performed well since acquisition in September 2015. We were particularly pleased to be confirmed as the new facilities services provider for the University of Hertfordshire in a contract worth in excess of £55 million spread evenly over 10 years of the contract. O&G is expected to account for c. 25% of Group turnover for the financial year. In addition O&G signed two new contracts with UK customers during the final quarter worth in combination over £230,000 annually. Our other acquisition, Frontline Security Pte, is performing better than management expectations and continues to demonstrate good growth. The Company has a strong pipeline of sales and remains confident of the outlook for the new financial year. Mortice intends to publish its preliminary results for the year ended 31 March 2016 before the end of August 2016.