Ps Schofield24 Feb 2016 14:39
The Orange Aero bubble could burst but really could be Mint, ..
as regards news...
Well, at the moment they are in the middle of expanding/ eating up other businesses to fit their ambitions and getting drone trials with all sorts of companies every week. Companies they have bought are income generating, but too recent to show on balance sheet - just coming through.
In the short term, the CEO intimated at a large UK flood defence contract this month, which, I hope he hasn't over promised (there's been somenational press about this a couple of weeks ago through their Geocruve subsidiary), and there's so much going on worldwide behind the scenes it's mindblowing.
The recent windfarm US contract is lowish cash but proof of concept and could open up another world. Lat years income was about $400K and he's predicting $200K this month alone.
Again, the caveat is that CEO's sometimes overpromise on Aim.
Near term downside - they are expanding rapidly and are ambitious - so that means another fundraiser at some point in the next month or so IMO- so...you pay your money and take your choice.. I think that is depressing the share price somewhat.
There'll be announcements of other link-ups with international companies near term, but I don't think this will be a big driver for the share price. But more contracts with energy firms/ flood defences etc will push this up, possibly quite draamtically.
If you look at the company history, you can almost start again from September with new BOD etc
Good luck