RE: UpdateMon 14:35
Good response, Brighty! I am a perma-bull on this share and believe it will come good in time. But I must confess I have started to get a tad rattled by the persistent share weakness, including the fall back from the spike up to 38p following the recent positive trading statement. So I am asking myself, what is it that the market knows that I don’t know, or what am I overlooking that is weighing on the share price performance? I understand that all online retailers are suffering; that inflation could cut into margins; that higher cost of living could suppress consumer demand; and that the Allianz case is unresolved, etc. I assume that if (if) the Allianz family were to take the company private, the offer would be at a considerable premium to the current price. So what could possibly go wrong? If it’s just a matter of time before the SP rises, I am happy to wait, or even add at these levels.