I suspect smart money is still flowing into this and the big boys are happy for the liquidity provided by retail investors today. Mcap now under 100m.

Including a hedging loss of 7.5million…. !

That’s the gamble right now as reflected in the share price. They either manage to refinance their RCF in the next week or so and stave off the

it is a re-listing and admission to trading

It’s probably more to do with the fact that the appetite for listings / IPOs has fallen off of a cliff recently due to the falling market / poor

Nice dividend with a good earnings yield. Trading at cash levels too. Looks ridiculously cheap to me.

Traders trading at the close got a bargain today, considering the VWAP. Onwards and upwards.

I agree but would add that imo downturns can be good for purveyors of digital transformation as firms become desperate to increase efficiencies/

I don’t think so. No way one can compare the success and leadership of SMS at WPP and now S4 with a crazy Adam Neumann and his Kibbutz ‘party on

Why I think this is cheap … I think I read somewhere that SMS didn’t want to pay more than 1 or 2 times sales and / or 10 x Ebitda for