SP not a fair reflection., page-2

Great summation, right on the money!

Ill add that macro market dynamics are not helping at the moment, in recent times there has been a shift in investment mandates and many small cap funds are under pressure. This has created downward pressure on many small caps not just ADJ. The tide will turn and work in with Adslot's increasing share of the automated guaranteed space as programmatic woes continue.

A couple of great staff pick in the USA recently, GroupM expansions and the stars are ever so slowly aligning!