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KUJ-U be tempted to buy into this micro-cap Software Company ??

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Creator double6 Created 12 Mar 2004 Posts 169 Last Post 19 years ago
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Micro-cap company (around £2 million after...), recently announced placement at 11p to raise 800k Working Capital.

Today announced a development contract.

The last results stated they were confident about the 4th quarter dependent upon another contract win - presumably this is the contract announced today!

No short-term Cash problems after the placement, the share price only fell because of the price of the placement - I am hoping the price will rebound to 25p again soon.

RNS last year regarding link-up with Microsoft - Turnover in the last full year accounts was significantly increased.

As always DYOR - let me know your thoughts, all views are welcome.....