Could well be a buy.. 50/505 Oct 2007 14:28
The prospects for the sector are attractive with a recurring revenues which are presently a healthy 68% turnover, , My main concerns with this company it has a relatively high level of debt about 7.5M at the end of the year, But I must say the risk/reward looks good, The finance director bought 250,000 at 13.25 after the release of the interim results on the 10/9