Video streaming technology company Vividas (VDS) shares plunged 9.5p to 55p after a profits warning left investors looking for the exit doors. The group said numbers would be substantially short of market estimates due, in part, to the poor performance of certain indirect channels. It attempted to temper the statement with reassurances of a strong financial position, the securing of new contracts and channel partners, and confirmed that it was in talks with big players in the US entertainment industry.

Oversod IMO.

The technology is superb, they just need the deals.