Re-rate to £10+7 Dec 2020 08:22
So issues when it was sat at £2:
Declining revenue
Declining profitability
Potential rights issue
Cash issues potentially
Potential decline in customer base
Last month we have:
RNS confirming EBITDA at top end of range
Revenue decline significantly decreasing
Customer base increasing due to link up with Amazon AWS. One of the biggest growth sectors in any market at the moment.
VERY exciting times. Whilst we at £5....we are nowhere near where this should be.
Plus Goldman just affirmed a buy (although only seen that on the chat, not seen myself).