Red24 PLC (REDT)

Red24 PLC (REDT)

AGM Reports

Red24 AGM Report 2015

Red24 (www.red24.com) is a small crisis assistance company capitalized (28p per share) at £14m. It is listed on AIM (ticker REDT) and floated in 1999. Essentially Red24 helps businesses and their employees and customers avoid or manage security risks in unfamiliar or threatening parts of the world. It holds £3.2m net in cash and earned in 2014/5 (year end Mar 31) 1.82p per share. The ex-cash historic PE is thus 11.9. FinnCap, its broker, has increased expectations of 2015/16 earnings three times ...
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