nothing to worry about yet,,,,was told they expect more deals by end of Q2 which the placing was partly done to achieve. Still got 4 weeks...if it does go down to 0.05 i for one will be buying more.
Finally, Sahney says he does not believe that Alpha’s current £2.5m market cap reflects the company’s actual value, adding that he hopes that investor awareness of the company’s business model will continue to increase as the business continues to grow.‘This awareness will be reflected in our share price as we continue to grow and growth is an objective we are 100% committed to” he adds.
either they secure more contracts or they don't...thing is we are pretty much priced at the downside now - not much further to drop. But massive upside if they do use the placing to nail some of the 10mn sales pipeline. Like or not at these levels what's the point being negative? Even small loss or massive profit on the line here and should know more within next few weeks.
and not going to miss out on a potential 10 bagger (minimum) here on contracts dropping. There is time to worry in late june when no news at all and even then if the SP is down to 0.04 i will probably still fill my boots :)
company expects more contracts by end of Q1. Still 5-6 weeks to go until then. Personally for those with cash to spare this represents a great high risk, massive reward play
miffed about the placing but provided they pull of some of the 10mn sales pipeline, then i'm happy. Until we secure another biggie consider this a punt. But wouldn't want to be on the sidelines if news does drop as this will rerate to 1p on 2nd contract
yep - SNT won a govt contract in March worth > than mc. They have a 10mn sales pipeline and expect more deals by end of June. If secure just a fraction of the 10mn looking at massive rerate. IMO grossly undervalued by the market, Turnaround stock following appt of John Taylor last year.