De-risked massively1 Mar 2018 18:58
I feel very comfortable with this share now, and I felt happy before the interims.
We have an excellent base to build from now (net profit and low market cap), which is a rare position to be in the AIM. As mentioned elsewhere, the cash levels would have been much higher had it not been for the capital expenditure and paying off the debts, but I am happy to reduce debts. I also think we will re-nogotiate the finance term on the debt, which will only enhance profits.
This is the most positive talk I have seen on Mrs for over a year and a half and I expect the price will correct upwards once Trevor is out.