||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Real-Time news about Oct Sec.Aim (London Stock Exchange): 0 recent articles
|responsible lad: They moan about the low share price and cause it to fall to a 1/5 of that again. Surely a decent shareprice eventually to them may be 5p.|
|jazza: I think the problem is that it just isn't worth them being listed anymore.
The listing costs money, eating into profits. Yet what are the benefits of
1) Visibility in the city?
'Visible' listed companies are just sold short and undermined these days.
2) Ability to raise funds?
Very, very, very difficult to raise funds in this market without deep
discounting to the prevailing share price.
Basically, they've decided they are better off developing the business
away from the market knowing they can get money, if they need it, at
favourable rates from banks/VC's without having to beg the city to take undervalued paper from them.
A good example of what a poisonous and nasty place 'the market' is at the
moment - I'm convinced this is not how it is supposed to be (sigh).
|simonevans: I think your sell advice was spot-on, given todays announcement. Share price will crash tomorrow morning like Thomas Potts when they decided to de-list. I will stay on-board as not much point selling at these prices. All a but disappointing really and doesn't appear to be in shareholders interests. Results are also probably not very good, given the management team are departing.|
|gzr: pht - share price is dismal because the market in general is dismal, sentiment is very poor. Shares that report good results go up and then come back down again. OSA had a bad year last year which is another reason why the price crashed. Peel Hunt was forecasting eps of 0.3p this year and 0.8p for next year, but they could do better than this now. The upside is obvious but it depends on these forecasts being met and better stockmarket conditions.|
|pht: This time last year the company was still loosing a lot of money. They have now moved into profitable trading at a clearly acceleration pace and eps are forecast to exceed expectations for the next two years. The shares even with today's 30% rise, are less than half those of a year ago. It is even Valentine's day today!!!
Why the dismal share price?
Oct Sec.Aim share price data is direct from the London Stock Exchange