New contracts as per the last rns is secured at high single digit margins. There are still some old contracts which is dampening the margins however the impact would lessen going forward. I am Expecting June /July update to show profits and sp to be in the region of 3-4. Current sp is a bargain especially after the trading arrangement deal recently. Will be adding more sub 1 whilst it last
Can’t help it but another good bit from rns.. The Hedging Facility is structured so that the credit line grows in line with the business as it scales. This has a material benefit in reducing the working capital requirement of the Group, allowing the Board to focus the deployment of available funds to drive the Group's growth and enhance shareholder value.
The Hedging Facility is structured so that the credit line grows in line with the business as it scales. This has a material benefit in reducing the working capital requirement of the Group, allowing the Board to focus the deployment of available funds to drive the Group's growth and enhance shareholder value.
The more I see the trading pattern the more it seems like a low ball takeover for £2 for yu.... I know it’s worth a lot more than that but this just been played to gather shares
Though sp is not where we expected the positive is company is going in the right direction. Will be multiples of current sp when this returns to profitability.