Cameronw8824 Apr 2013 14:56
Welcome aboard!
In terms of TP we are running way ahead of brokers (and my personal) forecasts. For example, when the SP was at 3.7P, brokers rating were around 5P. This was against a 52 week low of 1.20p and a 52 week high (at that time) of 4.84P.
We are now firmly above 6P and this is significant. Any announcement re. further contracts will only send this higher.
key facts -
£1,650,000 raised by placing of 47,142,858 new ordinary shares at a price of 3.5p per share. The placing is with institutional investors. Money will be used for future investments.
£10.9m West Midlands housing contract.