AltX listed software firm, Dynamic Technology, just released a trading update indicating that it expects EPS to be down between 10% and 20% and HEPS to be drop by between 25% and 40% when compared to the corresponding period in the prior year.

The directors go on to attribute the drop in profits due to margin pressure from the ongoing impact of the generally poor economic conditions.

The share remains under a cautionary announcement due to ongoing negotiations that may effect the share price.  This is probably relating to an acquisition where the Group adds further critical IT, customer, and human capital mass to its software solutions offering to clients.

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