@Knight16 Thanks for that - I did not know of that radio...

@Knight16 Thanks for that - I did not know of that radio program. I think too much is being made of the European refugee programs. My overwhelming concern is for the future -how much competition does CTD face in trying to add clients. It is a leap of faith to believe that CTD will do better at winning clients than, say , FLT or any of the US travel companies (those that specialise in corporate travel , and the ones where corporate travel is a division.)
However, I have taken the leap of faith , and added significantly to my holding, at about the price that two directors did ..
Yes, hi @acwmr fundamentals seem OK. And there are initiatives to add further revenue. Don't know whether this is a classic 'buy when there is blood in the streets ' opportunity, or whether the blood is mine as I try to catch a falling knife.