No worries - I'm out sold at 3.46 as only a quick day trade for me but after todays news I agree this is undervalued and if the contracts keep coming in then this is only going one way. GLA
Nice rns
In total the Group has secured work in the first half of this year worth more than £14m. By comparison, at this time last year, the Group had £3.5m of secured orders. This is further evidence of the increased buoyancy in the data centre sector of the construction market.
It is expected that almost half of the value of the most recent contracts will be realised in this financial year and combining these new contracts with the other contracts that have already been secured they provide the Group with a strong pipeline for completion through 2011 and a robust start to 2012
http://www.investegate.co.uk/Article.aspx?id=201107220700088504K
MC only 6 mil and contracts secured worth more than 14mil!
One to keep an eye on have seen it move 250% in a day before and looks like its going up some more today imo. Not many shares in issue and mc of less than half a mil a bit of postive news and this could rise significantly.
Morning mate was very surprised to see the placing rns this morning considering the news yesterday. Still in longterm this is good thing to reduce debt with SRL Government and with a mc 58 mil and resources in the billions this can only go one direction imo. Saying all this would have thought the placing rns would have been better put out tomorrow or a few days time.