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Virtually no premium to yesterdas close for a rapidly growing profit making company? I also noticed in todays interims there is no mention of the Asian market where they were rolling out across Chinese hospitals from 21 grossing $3.3million to 169 hospitals. If you extrapolate that then that should equate to roughly $26million revenue of course it never works like that but surely there must be a significant increase in revenue from China and if not then why not and why leave a massive market out of the interims? All seems a bit fishy to me that they would let the company go so cheaply whilst at the same time missing out a huge area they operate in from the interims. Would they have done this to make the deal appear better than it is? I've emailed the company for answers but wont hold my breath.
This project is scheduled to take 10 years to construct. A nuclear power station in the West has not been finished on time and budget in decades. How long do you think it might be until this company sees any money from the project, if ever? Gilgamesh etc are pumping this on twitter to draw in unsuspecting investors so they can dump their stock at a higher price. If you are willing to hold this for YEAR'S you may see a return if they get a contract but don't invest because of shameless pumpers who can't even answer basic questions
I have high hopes for this company. The growth potential is great and with their continued expansion in Asia, the Americas (and the rest of the world to be fair) I think the SP going forward will start to motor when the final results for 2015 are released.
Buried deep in the RNS they have said that cashflows have more than halved yr on yr. Mainly due to extended credit terms with key channel partners. They did say that significant collections had happened since post end of year though.
Look the SP here is likely to drift lower until there is some decent news. It is in a downward trend after a massive rise and support is at 2.5p which is next stop on the bid. You can try and ramp this as much as you like TRV which from your posting today is obvious for all to see but the chart speaks for itself. People should exercise caution and get a balanced view. In the longer term this could do well but short term is not looking good. All IMO except for the chart support area which is fact..