why the sell off ?16 Aug 2016 13:53
Box was primed for a long time now and appears to be stuck in a rut.
Half year results in jan 2015 show turnover 1.07 m pretty similar to current half year results. That's over a year and a half ago and sales are flat .ie no growth Sales should have doubled by now after such a length of time.
How much of current sales come from its purchase of freepaymaster and the restart of soccer dome and how mush is organic sales ? its quite possible the purchase of free paymaster has covered over a sizeable decline in organic sales.
The company has made progress on the technology side especially with the purchase of freepaymaster but looks totally stumped in growing the company.
The company appears rudderless , lacks direction
The company needs a new CEO fast as it seems to have run out of ideas to increase revenue,