WRES news next week?? still below 20m mcap and CEO target is 3p (10 bagger from now) - see webcast and RNS
underpinned at 2p due to cash expected throughout 2016 of £45m. £88m underpins 3.97p these are with nothing factored in for the actual business
another 40k purchased today taking holding to 500k woop woop this is a long term hold until it it taken out by a big co wanting access to this market
I guess should point out not to to be too negative, MONI do have useful patents, and good clients and also a nice revenue stream, so there is hope in the storm.. if you are prepared for the long term.
Really, I wouldn't waste my time with this anymore. No profitability = no new investment without dilution and no growth means no ROI or devaluing at best. I suspect the price will go a bit higher in the future if they sort themselves out. But dont expect 10p anytime soon!
WRES - huge stake building. see webcast in website, news due in sept worth 3p. sp now only 0.5p
The group’s earnings before interest, tax, depreciation and amortisation (ebitda) - which strip out one-off costs and impairments - came in at the lower end of the company’s expected loss of between £40m and £50m.
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