Why is this stock so cheap?20 Nov 2015 08:20
This came up on one of my screens and I am intrigued by it.
I can’t understand why the Market cap is so low as they seem to have reasonable revenues and are not a million miles from profitability.
Is it just because they are an overseas AIM stock?
At this Market cap with the directors owning such a large proportion of stock it makes you wonder why they bother with a listing as the cost of maintaining the listing must be disproportionately large for such a small company?
Any insights would be gratefully received.