Valued at Cash25 Sep 2013 13:29
Results reported 1.3M in the Bank with a further payment of 0.3M by the end of the year. Presently the valuation of WORK is 1.6M so valued purely at a cash level. Valuations like this do not stick around for long.
It is also worth mentioning that there are only 30M shares in issue and about half are held by Directors and Institutions. This usually leads to some wild swings in share prices as was seen on yesterdays drop. Naturally with good news the recipricol will be true.