Based on fundamentals going forward, company could quite easily command a mkt cap of �100M in 12 months.
Such a basic simple business but massive scope for growth.
The Sp has recently doubled in price, you are going to get profit taking and consolidation. Learn how mkts work it might help you understand why SP take time to rerate.
Low volume consolidation. Overbought indicators have moved back into neutral area. rising 20 ema 14.5-15p will act as support ready for the next leg up.
Aimho
I no longer hold here, sold out a few weeks ago. A little bit of advise Matt read the terms of the placing and Barclays involvement they took the majority of the 2.5m loan in shares.
Hopefully Neptunes you can ask some questions that need answering. Cash flow positive when ? High wages cost for such a small business, next cash call ?