£35K is more than 10% of the £300K profit for before exceptional item for this year.
I just state the fact that sentiment is always more positif for a company making a profit than a loss.
I am sure that if the company had reported a £300K profit the share will have jump.
It looks like the £300k loss was already priced at this level.
I bought at an average of 7.8p sold some for 19p as I needed the cash and some more above 30p. I keep the rest of my holding as I believe that this company has great potential.
Philippe