magian13 Apr 2014 22:07
I noticed FLOW's CEO + a NED bought a fair few at 29p ish after a placing at sub 20p? but revenue is very low for a market cap of £80m. Have you seen any reason to believe the new product could transform the boiler market, say in the way that dyson took on the vacuum cleaner market? ****
Regarding CAD - There was a time when I read as much as I could about this share as it was circa 90% of my pf for a while ... Back then I originally bought in because it was trading at roughly 50% of cash and a fraud type scandal had come to light ... Now I reckon cash is 13p a share, the geology seems no good, possibly making the political problems irrelevant to the SP? I really wouldn't know ... last year they did some work on the Bitlyanska prospect which may have some value + they do generally appear to be sort of doing some other stuff which might be good one day! ... I don't think the buying case here is strong at all, but I am reasonably familiar with this share and don't mind holding or even acquiring a bit more stock.