RE: 250,000 Transactions12 Jul 2018 09:59
Sorry, not sure I agree this is a jam tomorrow share. Look over past 12 months RNS and you can see it is a growing profit making / dividend paying company, in sharp contrast to most on AIM.
Yes, I share frustrations that the further developments for Synergis and Far East trade centre seem to have not progressed in timescales might have expected when first announced but these are extras to a solid core rather than developments that are propping up a bloated share price.
Company valued at 12-13m right now. Profit for fy 17-18 likely to be 2m and there is c 5m cash in hand. I suspect the share price drop is down to one individual selling significant number of shares whilst not enough market interest to hoover them up rather than anything else. There is a good chance that share price will recover significantly when final accounts released or some definitive progress on developments known.