RE: Further contracts23 May 2024 08:56
Well put David,
The RNS's yesterday and today are showing that the company is working hard on sales and the pipeline has started converting strongly.
I do believe that they will not require another funding now, as they will start getting cash flows from these agreements.
They also still have a lot in the pipeline, and now some relatively small agreements have been made with some big firms it really does bode well for continued business with them.
A contract for £60k today, may turn into repeat business worth a significant amount more over the next year or two.
I believe we will see more of these RNS over the next few weeks, and hopefully that will see a steady growth in the SP.
There's a long way to recover to the value last year, many traders will stunt the movement as they sell for 10% each mini spike (like yesterday morning), but overall I'd be surprised if we were under 1p this time next month, and with consistent updates I can see this going steadily back up, not sure how high though.
Remember even at 5p the Market cap would only be £23m ish and there's a lot of companies out there with bigger all at higher Mcaps.
Good luck holders.