Delcam – A stock worth a Flutter?

I remember meeting the management of AIM listed CAD software stock Delcam (DLC) a few years ago and with the shares having almost trebled over the past 3 years to 810p I am a bit miffed that I did not get rather more enthusiastic. It is one of those companies where the shares never look cheap but then head sharply higher and so you always seem to miss the boat. I wonder if, with a market cap of c£65 million, it is not too late to buy a few.

The company had results this morning covering the half calendar year.

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