Reasons are, it has super world leading technology in exciting markets that it is making rapid sales into.
It was over £1 earlier this year & indeed was 5 times oversubscribed at 82p float, (present price 25p offer)
As with many tech stocks, it has had problems with production (now resolved) & indeed just announced a delayed order...which I understand is a blue chip company in the USA delighted with their technology & indeed a new product for them.
It has cash backing to match the market cap, but will be loss making this year.
I think it could easily double from here, and still be below issue price a clear buying opportunity, due to technical hiccups.
