RE: Rising14 Oct 2021 17:07
How is this share not benefiting!. This was as low as 18p two years ago and as high as 92p recently. The management have reduced the debt to £800,000. 9m EBITDA on £950,000 turnover. Big contract wins and a solid strategy. Management are there to improve the business and deliver great results which they are. I’m more than happy with the share performance and based on the dilution as a result of the capital raise would of expected it to be significantly higher but I guess the markets are waiting for a further update. It’s clearly rising all be it slowly but just be patient as this will prove to be one real winners as the economy expands. This is a great turnaround and management should be commended for the job they did during lockdown just to keep us a float. Nothing goes up in a straight line but we are clearly following an up channel and bounced off 61p and I strongly suspect we will hit £1.00 plus shortly as momentum picks up. That’s if a takeover don’t come soon as it is totally undervalued. We are in a sweet spot and I guess any update to reflect this. The markets are probably cautious incase of a further lockdown but I truly doubt this will ever happen again. Share holders value are determined by the markets and as we keep keep delivering the markets will continue to reward us. Good luck to all but time is a virtue.