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Ok.
Had to Google it. lol
What do you mean?
Buyout is my inkling
Fireworks tomorrow
Backwardation now roadie
Gone in to Auction, has someone let the cat out of the bag??
Mary- it is certainly looking that way!
Certainly looking like someone has seen the draft TU - has there been a leak?
Looking good here is for a decisuve move tomorrow
Severe trim will double rally above £1 will exit and leave the rest for others.
Average cost 44.52p
Are you curretly in profit or at a loss?
Hard to know what to think at this stage - heart says hold, head says trim.
Heading through £1 soon is my bet
Last few weeks, it has been moving up.
Still at a loss- 47% loss but I didn't top up otherwise my average of 135 could have come down.
On bid alert here now things have stabilised but motoring nicely. A whiff of a new contract and it will shoot up.
Only a small proportion of cash is used in transactions (less than 40%) and plastic notes last a lot longer than the old paper ones so the printers don't need to produce as many (great idea to convert all your customers to plastic notes huh?) so a few more people using a few more pounds to buy their groceries is not going to revive this dead duck company. Time for a change at the top, bring in someone who takes their duty to uphold shareholder value seriously and will realise value from the bits of the business that are still worth something.
Https://www.nottinghampost.com/news/uk-world-news/millions-people-switch-back-cash-8749860
Richard Griffiths increasing his bet
Hang on, 3 bagger from your 20p hope springs.
Nothing new in the AGM, same exec team struggle on re-confirming £20m profit target for the year and congratulating themselves that net debt is only rising to £100m with no plan to bring it down. Having reconfirmed H1 will be breakeven look out for the traditional January profit downgrade as £20m in H2 is a stretch for these jokers. This really is a zombie company but given no buyer emerged when the share price was 20p I don't see anyone coming forward now. Should I sell and take a big loss or hang on for something better?
No clear market direction, just current 'players' running their game...
2.5m traded after the bell last night is the right amount to close their short position....?
I understand that the chair comes from a retail and funeral background but appointing Brian, yet another retailer, to the board doesn't make any sense. This is a manufacturing and technology company with a global government customer base which has nothing at all to do with UK high street retail. I'm waiting for Clive W to replace Clive V with a new CEO with Mothercare experience, surely only a matter of time, and let's face it, probably couldn't be any worse.
As to those looking for a bounce in the shareprice, we are approaching end of the first half of this company's financial year so look out for the inevitable "trading update" when they all come back from holiday and realise its all gone south.
Definitely would have helped.
Well done.
I was over more than 100% on this and should have sold- think my shares got to 201 late 2020 or 2021. Still not recovered!