The usual wacky tech valuation, but plenty to encourage!

Following the recent fund raising in July the Preliminary Results for the year ended 30th June 2010 would have contained little to surprise existing large shareholders who supported the fund raising. It’s the usual crazy tech valuation (Market cap £145m) for a business that is not destined to return a profit in the short term or potentially ever on a standalone basis! But this certainly remains an interesting story to follow, full of eastern promise.