Colt telecom has released their figures and they showed that they are improving turn-over and ebta but what about that worrying cash burn.....28 percent cut into their mamoth cash pile now under a billion can they truly survive with a billion plus debt?
Merril said they would fold before becoming profitable but that was suggesting that a bear market would continue for ever things do and will change anyone interested in them at theses prices becasuse they certainly have trouble breaking that 50p barrier on all the above concerns...

Colt is on the move again. Its waxing strong towards 120p.

Colt has been on the up-side since April when I bought in and the chart is still looking good so 120p is afirmative and could go well above. The management in this company seems to be well focused on winning new business and returning value to shareholders. Could go as high as 150p