Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
First the disclosures. No 1. We own stacks of these shares (bought at 4p) but will not sell until the shares are north of 10p. No 2. Hotstockrockets tipped them at a 4.25p offer and has them as a STRONG HOLD -I think certain colleagues are too cautious. Now over to cybersecurity play Falanx (FLX) which has recently served up a cracking trading statement and a cute little acquisition. Falanx says that in the run up to its half year end (30 September) it has won "significant new sales contracts with recurring revenue... Remains on course for operational breakeven this financial year." It repeats that "business on track to reach breakeven during the financial year with sufficient cash to see all current operations through to profitability."
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