RE: Late results13 Dec 2018 19:03
The recent facts are a trading statement in September which wasn’t so bad, a sell off of shares by a previous director ( who might of bought them back again as a private investor), a reduction of fixed cost which is a sensible approach given the revenue reduction and lots of opinion.
If someone has a breakeven point of £3:40 I can understand why they may be upset but if your breakeven is under 30p I really don’t see the problem, even at today’s 5p sp. I guess that may be the issue.
Order book is £55 million, dept has reduced, customer numbers are up, profits from revenue recognition have been moved from FY 17 to the future. H1 results will be in soon and perhaps , given the recent history, to build confidence they want to confirm current situation before issuing YE result, not due until Jan 2019.?