Following its recent $6 million placing at 38p AIM listed NetDimensions (NETD) has announced a detailed five year plan. The company is nothing if not ambitious and says that it aims to be a leading provider of talent and related compliance management solutions for highly regulated industries. The company now sits on $11 million of cash and so how does it plan to utilise it, given that it operates in a market worth $4.8 billion and which will grow at 21.3% this year. I follow this with interest as it was a share tip a few months ago on my Nifty Fifty site at a 43p offer price – you can find out more about the Nifty Fifty service here.
The shares are now 49-51p.
on Shareprophets | Comments
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