Autin have net assets of £10.8m so our share of that asset is £2.5m. It certainly seems to be growing with the list of companies it's doing business with. Looks good.
The drop was to be expected after all the recent sells that have been predominant. It's a good chance to get in on the cheap now before any news that's much needed.
In my view it would make sense for this pittance to be reinvested into something else or at least a good bit of it and the rest held back to keep pay the directors. Remember we are about £500k down on this so need to make some back.
It sounds ok and will likely be a good fit. That last trade of the day for 26k I think was a buy not a sell. The price paid was well above the smaller sells earlier.
By my reckoning the money for those shares sold in Image Scan would have been a return of about £43k. Will it be to keep paying the directors or invest elsewhere.
It's been a good day today for buying, 160,310 buy to 2866 sell. One trade was for 100k and 9.44p paid for them. Strange no trades showing, one wonders why on a good day?
Given the paraytec gizmo was designed for more than Sepsis it could be worth anything to the right company. I dont thing 10x more than Phasefocus is an over estimate which equates to 30p + a share. I'm staying in till its sold.