Anyone investing in Telspec?

I appears their recent announcement to move to AIM has prompted a
sharp fall in the share price and recovery is not looking great for
the short term.

Apparantly Telspec is on a PE of 1 IF R&D is not included, so one could
argue that this is a bargain....

Anyone have a views and additional information?

It feels like someone is working a large buy order. The price is being walked up by all the MMs today without any reported trades. I'll be looking out for the late-reported trade later

QED Colin Blackbourn

TSP is not moving up...now 7.5p...is Colin Blackburn still in it?

Good to see him off....


Telspec chairman Duncan Soukup resigns over directors pay dispute
AFX


LONDON (AFX) - Telspec said that its director and chairman Duncan Soukup has resigned with immediate effect 'following a disagreement between board members as to directors remuneration'.

Earlier this month, the firm said it was launching a fundamental review of its ability to remain a going concern due to an 'unsustainable' cash-burn rate.

newsdesk@afxnews.com