If it does not turn around I would surprised.. Not sure I would risk anymore here though. It looks like I may need to recoup losses on this one, I'll pick another stock probably..something like lloyds.. if the economy is improving then banks should be a good bet. But then if this one does drop significantly, topping up would be tempting..this has to be the turning point..questions how low will it go first..
If this gets down to 50p then what was the point of the rights issue. Surely this must bounce soon all the institutions and directors that bought the placing shares at 130p must be really unhappy with this sp. Long term the only way must be up but how long will it take, currently £6500 down and not happy
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