I think mcap of GTC is silly considering the potential here. Seriously should be more than £25m
If like DEV and AAA we might see 10p today like last time few years ago it did 500% up in one day
This will not stop here or tomorrow or next week. It will keep up. See my comments 2 weeks ago and see 2 previous RNS
Look to mcap and today news, last 2 week news and research then buy
This news add further to its achievements in last interim results which they are profitable and cash generated company.
Undervalued with such cash and profitability.
We will see goo growth in here
There are always 2 types of fresh management/ new BOD one like 7dig, from 0.2p to 2p , and one like Icon from 0.2p to 0.006p.
I believe 100% that MOS new management are a 7 dig type. For many reasons which i can summarize later on
Significant:
With our pipeline of product development and marketing, we expect to see significant growth in 2021, with additional higher price points to come. We also anticipate launching the Streams Data service in other key global markets during the next year.
Funding
The Company has cash of £1.0m, with no debt. Based on the expectations of significant growth for Streams Data and continued tight cost controls, the Company expects to reach break-even in the next financial year, and therefore these funds are expected to cover the Company's working capital requirements for the foreseeable future.
I have had enough of day traders killing this share buy 0.22 and sell 0.25. Let it go.
£1m contract and moving into high growth area with £0.2m cash recently and 0.6m cash reserved.
This should be over 0.5 with this tiny mcap
Lets see this afternoon
So,
- They have signed a contract worth of £1m last month and due to delivery in Q1 2020. Tick
- They got cash of around £0.5m approximately as per last year results and now plus £0.2m. Tick
- Moving to high area of growth 99% Blockchain. Tick
- Almost profitable business only £0.27m loss if no Covid-19 they would’ve be in profit. Tick
- Disposed of IS-EMS business last year ( loss making business). Tick
- Under the Radar now. Tick
- Cheap and tiny mcap move fast on low volume. Tick
- All Blockchain companies are 5x to 10x its value in last couple of weeks. Tick
- New strategy, New board market love that. Tick
Further to the Company's interim results statement on 25 September 2020 and given the strong performances within the Group, TruFin has formally engaged advisers to explore options for Oxygen and Vertus. This may result in the sale of Oxygen and / or Vertus and further return of capital to shareholders, should the board believe it to be in the best interests of shareholders. However, there is no certainty that such sales will occur.