Share price equals all time low4 Apr 2025 13:38
The share price has been hit by global events today, rather than anything else in my view. However, it does mean that CNSL is now priced at its previous all time low 2.75p.
The trading update was bullish but we have seen that before. We were also told that 24/25 would be loss making. If James and the new team have carried on the momentum we may see a surprise and they may hit £10.5m - this is the figure needed to demonstrate consistent growth momentum. If we see this or higher and a marginal profit you would expect the price to rise. If they have failed in Q4 to get the sales team buzzing and revenue targets are missed then whom knows? With external factors anything is possible.
2 weeks to find out…..