RNS9 Jan 2017 07:32
The operations and trading update underlines the group is delivering in every way possible and the strong financial platform continues to build, the revised business model is well and truly taking shape and the non dilutive development plans should give shareholders the confidence to build, great stuff,......GL S
Outlook
"In the interim report, the Company reported unaudited revenues of £562,000 in the six months ended 30 September 2016, generating an unaudited profit after tax of £475,000 and earnings per share of 1.67 pence. The Directors are pleased to report that Group performance continued strongly through the third quarter of the year and they expect this to continue for the remainder of the financial year"
"The Board is continuing to exercise careful management of the costs of the Group in order to ensure that the Group's operating revenues continue to be in excess of operating costs. The Board continues to seek realisations from the investment portfolio, which, if successful, will add to the existing cash already available to the Group for further investment in its strategic investments."