Tanfield Share Chat (TAN)

Nm m8, I'll be tempted with a jolly punt at 15 though :)

you sound dispiritingly right....fooled..but sticking with my tiny punt...

Parties? Yeah sell it of to keep the board on massive wages for another 3 years whilst only comment u will get is. Difficult economic climate blah trading remains challenging blah were confident of growth blah. This is over valued massively now. Market cap of £13 mill looks about true value £2mill in bank. It's got 15p written all over it.

Aerial work manufacturer Tanfield Group said Wednesday it has been approached by number of companies interested in taking over its cherry picker business.

The company, which focuses on aerial platforms for construction businesses, said it was considering the approaches which came from "credible parties".

"Any disposal of this business would be subject to shareholder approval," Tanfield said in a statement.

"There can be no certainty that any negotiations will result in an agreement to dispose of this business. We will keep shareholders informed of any further developments."

Tanfield made the announcement in a trading update which showed the group reached the break-even point in October last year - the first month since 2008.

Net cash at the end of December came to 2.2m, down from 2.7.m at the end of June.

The company has secured a debt facility to help fund working capital growth.

So pleased I didn't jump in this morning,how low can this go 15 ?

Support?! Desperate RNs. Same old same old

....elizabethan...war of the roses...

...agincourt

fooled by the spike??

...what I gained on PYM and AVM this week, have lost on TAN (too many eggs...)... oh well, easy come easy go... atb Au

...unfortunately...

The AT seller was relentless, I sold out @5.70p and 6p ,bought in @5.65p
I will have a look again when things settle ..
gl mate