Shares digital

Finals Thursday 5 July

BULL POINTS

> Made first all-cash sale on investment spin-off

> Geomerics could be ready for trade sale next year

BEAR POINTS

> Likely to report a £9 million loss

> Progress slow

> Delays from external funding on two investments

> Halted new company investment

> The share price in free-fall for past two years

SHARES SUMMARY

The IP commercialisation company has struggled to win the market’s favour, as its first two disposals didn’t perform that well on the market, and it sold them for shares. Having now made its first cash sale, the company has proved its business model works. But it needs to accelerate the turnaround of investments into businesses as this appears to drive the share price, rather than its consulting services. DC