RE: Last trading update 5th May18 Jun 2021 12:20
On AIM, market cap is often irrelevant for the tiny companies as up to a point the market cap is sentiment driven. £18m represents a micro cap and therefore is barely a factor worth concerning ourselves at this stage. Additionally, with (for arguments sake) £5m cash at bank and some other assets, the IP is currently valued at only around £12 or £13m... buttons for a listed company. If (and that is and 'if') there was say a £5m contract announcement, you can see very clearly just how much this could increase.