DPI AIM IPO WTF

I've written before that I thought deep packet inspection companies have a short shelf-life. Nice to see that Sandvine's investment bankers (a company I met at NetEvents) know a closing window of opportunity when they see one.

That's not a level of vision extended to its new investors on London's AIM stockmarket, apparently. £114m market capitalisation, on the basis of a C$3m loss on C$16m revenues. Well, I'm not an equity analyst any more (so I don't offer investment advice), but that valuation looks a bit punchy to me.....