RE: Value31 Aug 2015 17:36
AP, a KaChing says, the LIFT investment will probably be sold for a couple of million maximum, which will result in a writedown of £7m odd, but will give them some cash.
The key here is them getting the development funding from Nat West and details of the pipeline development.
Back in 2009 they we generating profit of £4m from £24m revenue. I think this could be achieved and surpassed, so could, in time, see this being over a £50m market cap.