SIXH.L Share Price (SIXH)

Son of Tanfield ?

"The Board would therefore expect the initial cash proceeds to the Group of the Potential Disposal, should it be completed, to be sufficient to pay off all existing Group bank borrowings, provide significant operating cash and the Company would retain a 20 per cent. interest in the ongoing operations of the Laser Business."

Wow - unbelievable. Best I can tell, rather than sell the company and distribute the net proceeds to shareholders they've come to arrangement whereby they continue to collect salaries whilst providing zero return to shareholders.

Halved in value today from last Fridays after hours RNS. Doesn't look to have much of a future for current shareholders but an asset management co just invested around half a million pounds sterling at 5.5p a share?

Shares to be suspended. Loss making and unable to refinance. Glad I was not suckered into the subscription...

IMO back to the future is their only hope. Having said that, if they got back to where they were before, according to the laws of causuality, the paradox would result in the implosion of the existing universe. IMO no hope ...