Quite clearly this movement in share price is not driven by private investors or traders. There are institutions or high net worth individuals seriously loading up here. The beauty of this share it is impossible to value, you could argue it is worth £150M+ or it could be worthless when you take into account the length and cost of some of the retail leases. I know it has risen a lot but I honestly think this will continue and I don't think it is driven by expectation of a turnaround from existing management. I think someone is waiting in the wings to take it over. Just my honest opinion, do your own research.
No idea! Numis have given a target price of 30p, I can see this dropping to 18p, a bit of news like Marks stepping down or a strong AW update is the only thing that is going to stop the decline over the next 3 months. I have held on and if it does go below 20p I will buy in again with the view to holding for 18months+
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