I went for buy!9 May 2009 10:40
I think they are vastly under valued. Last years results showed they had increased their revenue by 84% from 2007 results but unfortunately 2007 operating costs had increased by 94%. Hopefully if their statement is correct and they have managed to reduce their operating costs then we will see some word of profit on the 21/05/2009. The spread is controlled by the brokers and the demand for stock, the bigger the spread the more cash they pocket for each buy. IMO only normally the spread is high because they can demand it because there is not a lot of the stock on the market or because of high demand. Also a note all buys and sells are not correct on this site as my buys showed as sells. The share price did go up when the positive statement was released, from an all time low of 2.00 up to 3.50 a share. If the news on the 21/05/09 is positive it will bring a rise in interest in this stock and therefore the SP too