Ann: Change in Substantial Shareholding - F Richmond, page-25

We didn't refute the point of money being less dilutionary and therefore better for shareholders when the shareprice is high (not just for acquisitions but for general purposes also).

We (and I hope I'm not speaking for @newieboy here) just think that PR is not the cause of the lack of stock movement and adding an additional cost into the already tight margins would be an error.

They have proven to me, that their growth strategy for scalability of revenue into profit is working (slower than expected but rome wasn't built in a day) and I know that if they can prove that the profit this quarter wasn't a fluke and continue to grow revenue + margins, then this is a great business that is worth far more than 17million.