you have to laugh at the cheek of it. they tried to shake, took a few sells and now raising the bid again to entice sellers. just the cash position here is worth more than current market cap so this is backed by fundies.
I contacted the ceo today and expressed my displeasure at the way this news has been managed. There isn't any defence imho for announcing big contracts with the trading update when the £5m contract has been in place at least since Sept
This is great value at current market cap and more the fool you if you can't see that. Maybe people are waiting for visibility of contracts before committing their cash but what is undeniable is that there is a massive disconnect between project pipeline and the sp. That will be narrowed at some point.