RE: Someone is loading up4 Jul 2017 12:35
times like this good idea to visit previous rns and quotes from the people who have fronted up at such a massive premium
back to the level of before the rns...some clarity or of of these chunky contracts mentioned and we will soar ...still belive that so little volume falls will be exaggerated spikes will be huge (on news)
anyone got any thoughts of how substantial these tenders are ...what is substantial to servision? must be in the millions for him to say substantial? last contract was think couple of hundred thousand i think.
Sales for the first half of 2017 have been behind our internal expectations. On a more positive note, the Group has been asked to tender for a number of new projects, many of which would hopefully fall into the second half with several being quite substantial in size. At the time of the announcement of the Cascade subscription in February 2017, the Board was confident that the improved balance sheet position coupled with improved trading during 2017 meant that the Group should have sufficient working capital for the foreseeable future. Our working capital position is tighter than we anticipated, not least with the requirement to invest in these tenders.