Yes, pending the resolution of the cyber attack. In AIM, anything like this, is a RED flag IMO. Huge Red Flag - for the immediate I mean, not for the overall future of the company.
I have been in IDEA - IDEAGEN for some time. I am not suggesting complete similarities, but IDEA and PHD are both software businesses. V Q Overview - IDEA Rev - Ā£46.7m EBITDA - Ā£14.3m Proactis Rev - Ā£54.1m EBITDA - Ā£15.1m Debt ā Circa Ā£40m. IDEA is in better shape ASSET wise. That said. Mkt CAP - IDEA CIRCA Ā£445M. PHD - Ā£43M. Now, that is a massive disconnect in anyone's book irrespective of debt.
The next few weeks will be very telling in my opinion. There is a GAP at 81.30p - £1.11 which has been in existence since the drop last Spring. A successful FSP or not, that gap will get filled soon I am sure...been quiet for PHD shareholders but rewards will come.