I would wait.. sure it is going sub 5c.. and their cash flow is a worry as they are using the loan facility.. AND there is a pending lawsuit that will at best distract management and at worst cost them $m off the bottom line..
Managed Services is a very low margin business that needs continuous client growth to grow profit.. Deciding to "create" professional services is harder than it sounds and they don't have a track record here..
I would wait at least 6 months to get clarity on the above before making any serious investment..
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