RE: TheKosher21 Jul 2017 16:11
Will this company will ever break even? 2016 had 1.3m extra revenue to 3.4m and losses down 1.3m to 8.7m, unless they expand at an amazing rate and have an income in excess of 12m plus assuming no cost of sales increase (never happens!) to break even and with the likely cost of sales increase they will have to increase sales at least 400%. Would be interesting to know there current sales and retention volume compared to last year, people on here seem to think its down. I'm not deramping, but IMHO the share price is about right, so it can still go either way.
If you're in at under 3p and not too large an amount I can't see much point in selling. The spreads too big anyway, buy is 2.2 .GLA