Cybit - "The UK's Leading Online Telematics Service Provider"

LP
Yes I agree, the break from the current consolidation phase is very significant and I simply highlighted 58p as being the first line of resitance.
I personally do not think this will hold as the market begins to understand how rapidly the company will grow its earnings, both organically and through acquisition.
Management pulled off a masterstroke with the acquisition of BlueFinger, paying only £1.6 million. Perhaps we will soon get an update on how Loca Vista, which manages the Vodafone branded vehicle telematics service, is performing.
TW of t*ps has a two year target of 108p for this stock, so today's news is very encouraging indeed. I look forward to his update later today.