Cheers mate, yep had that one on my watchlist for a while, although not paid particular attention recently. Will take a closer look. R4E appears to be on the turn.
Yep, it doesn't add up that he would have such an about turn as to recommend a sell and if he did I would have serious concerns. Where did this rumour come from that he has changed his stance?
Is anybody here a member of HSR? It would be a huge about turn for him to sell less than a week after recommending averaging down and would be equally concerning as I believe TW has the inside track on this one.
Morning, yes whilst there is no escaping from the profits warning, i am somewhat heartened by the collection of INR 326m of receivables. To put this in to context that collection alone is around 140% of the current market cap.
With an another market cap exceeding INR 300m due by the end of March!
Good luck. Think it will take a decent sized contract announcement to get this going again which has been absent for some time. Pretty sure we will see the 20"s before the 50's and will re-consider entry around the 25p level as the company does still have potential, just think there are others out there that offer better near term value.
Yep with the low running costs and consequently cash burn and also the tiny current market cap a whisper of good news and we will be off to the races here. I treckon TW has the inside track on the contract too as he seems pretty confident that the cash will be forthcoming shortly.