ASR - Outstanding recovery play.. my tip of the year

also from a recent update,

'...
.... the newly
authorised Flight Inspection Services represent a low proportion of turnover, it
said, but should help to redress the balance in the future as they expand.
In the meantime, "cash resources of the company will remain stretched," it
warned, adding that in the light of its size, current activities and business
model the directors will continue to review ways of improving performance and
generating value for shareholders, and have been "assessing the strategic
alternatives currently available"....'.
- I believe the management are decent and of good faith unlike many, and have a good knowledge of their business and they intend to find ways to profitability. Note their inherent optimism and they are 'assessing strategic alternatives'... a merger, or they could buy another business to improve synergies? not too many available in their market.