The chart says it all, pretty much a double-top, then the 50 M.A dropped through the 200 M.A which is also now falling, it's heading down, and where it will stop I won't even try to guess .... could be 1p could be lower ....
If there were some good news who knows .... expecting any ????
Hate to say this but totally disagree, as based on profit projections (and they will probably exceed 1m for the year on their current market cap) then we can expect a sp of min 4p. Time will tell. However I still feel that they will be taken out or maybe be the takeover party! Be patient as this price won't be achieved until later on in the year.
Paul I also think you are wrong. Has bounced strongly off the 2.25p support three times already. Nothing fundamentally wrong but all cash seems to be going into loss making stocks like EVS at present. This is worth far more than it's present value.