Beat this for cheapness. This company are an Isaeli based human resources company. They develop software and provide consultancy services.

Market cap is 0.6M. Cash = 0.75M. Net tangible asset value = 1.5M

Reports quarterly. 3Q results announced yesterday.
http://www.uk-wire.com/cgi-bin/articles/200411301522558317F.html

For the 9 month period pre-tax profit of 185K. So around 250K for the full year. Business is improving now.

No pension issues.

Market cap is absolutely tiny for the size, and proftability, of the business.

DELISTING from AIM.
-DYOR- this will occur about the first week in December 2008, following higher losses, ...the TelAviv list remains, they said.
This is further evidence that Companies that are based overseas should not be listed on AIM - it is just too risky for investors. Companies are happy to take our money by way of an IPO and some in the City may be willing to drip-feed the odd million by a Placing, but AIM-regulators are only interested in their Fees and the so-called "growth" of AIM - and if a punter makes a loss - well that's investment.
((The sp fell considerable after mid-Sept, presumably as those in the know got out, leaving retail-investors to take the losses.))
Grr - - - - - all IMHO.