RE: Multibaggar1312 Mar 2016 20:21
Thanks, Multibagger. I agree except - from the interims:
"Annual run-rate of recurring revenues at 31 December 2015 amount to £1.9 million (2014: £2.1 million) and cover 105% of the cost base (2014: 112%). "
That's a significant drop compared with previous steady progress, maybe due to the cancelled contracts. Some might say that cutting staff and moving to (presumably) cheaper premises is short term "profit" ? Best of luck, but I don't think I could come in further at this point.