Trading Update25 May 2017 14:21
They expect profit to be no less than £200,000 for the year (down 16% ish) which actually isn't as bad as I thought it might be after the H1 results.
However the reason for the decline is because, despite being in a strong cash position, the board wishes to review its dividend policy. That's the reason for the recent share price fall.
However, considering that the company pays out an amazing 5p in dividend every year, I don't see this "review" as reason for glumness cos chances are the yield will still be superb here and the money saved could be reinvested into the business.