Bottom line ..5 Aug 2023 07:49
For me once you've taken the emotion away (and there's a lot of that here at the moment!)..
22p is back around the shares all time low, lower than during COVID.
22p for a share that has an very low level of debt and significant revenues looks too cheap to me.
Given the risk/reward balance here, I would like that 30p is far more likely than 15p in the reading term, therefore this share is a screaming buy at this level.
IF the company can get the cost saving measures right, the cyber security issue will be a non event in 3 months, and you're likely to be looking at a powerhouse once more.
The new CEO will be taken as a positive by the market.