Re: Drop of 40% Having looked back through the RNS - The company had inidcated difficulties in the trading division and as such the fall of 40% appears harsh.Market Cap is £5M which compared to the 4.5M raised (before expenses) to purchase Reef values the company excluding Reef at very little. Given the BAFTA awards there is certain some value to the other parts of business.At 1.2p and with serious backing from the Herald Trust it may be worth a cheeky small weighting in a portfolio as it diverse from many FTSE350 companies.Not one for Widows and Orphans as the share is a relatively illiquid small cap but if you have the appitite for SEIS or EIS may be worth a crack.DYOR including the trading statements going back to July 2015. WTFDIK
Drop of 40% - 40% today ?
TIPPED THIS SITE SEVERAL TIMES NOT SURE IF THAT IS GOOD ?
TA + Fundamentals The TA (break through 200 day m.av. + the fact of £1m subscription underwriting add together to make this a speculative buy (IMHO). The main positive that I can see is the low PSR, which coupled with backing (cash) to reduce the borrowings, could see this turning around. As is often the case, New blood (CEO) can prove a real catalyst for change.Good Luck all & DYOR.Starchaser2
2p Short term target With all the good news we could be back to the good old days.
Re: AMAZING CHANGE OF FORTUNE! Does look interesting. Very few shares being traded at the moment. There was a one day spike e few days back but that seems to have faded. Thoughts?
AMAZING CHANGE OF FORTUNE! Quite amazing figures in todays RNS. A real turnaround and can see a good profit next year. Back to the 20p levels imhho. There the potential for a 30 bagger. Good luck and Dyor.