RE: Dulux29 May 2024 11:53
Oh come on..... Talk about rubbish. So who exactly is your contact? Some weekend student mixing paint at B&Q... Dear me. It's all irrelevant anyway. They had a fund raise in March so should be OK cash wise. The mcap is 2.4m which means the market thinks annual turnover is around £500,000. They have a contract worth 2.4m over two years, which in my book should be 100,000 a month.... Not sure where they get this mcap from. Don't bother going back beyond 3 months ago and you can see the mcap should be double at least, baring any surprises. 2.5 - 3p is absolute minimum without anything prior to March... Who cares. Just read the RNS. Way undervalued. GLA