RE: Breakeven28 Sep 2015 22:30
There is a calculated share price based on breakeven but of course this has also potential which is where sp in AIM go.
Not sure, I want breakeven to reduce dilution chances and loosing my money, after that the sp will reflect. £500k profit would more than double the sp, I expect £150 k gain by next march.
We expect redleg into US, it's down for shipment new year, very low base to start but all products selling this Xmas, all products selling everywhere next Xmas.
Redleg needs to be in asda, tesco etc. assume sainsbury had the trial, exclusive rights, dependant on Success this might get expanded.
Redleg update this week? Maybe then nothing outstanding bar results in November, hope it's close and no more cash needed yet. The MD will be totally focused on sales and profit, they won't lift the spend until breakeven and survival is known, another BOD buy would seal sp increase but will be silent period very soon.
Hold and let's see, your in now, risk is there so lets take the gamble and see what happens! GLA