perhaps someone heard from his mate down the pub that the chinese are about to suspend trading in stamps, come off it - who is so desperate to throw their money away now, after having got through the bottom !
Market Cap 9 million quid, cash 21 million USD, receivables 10 million USD - you do the math this is a no brainer. Why anyone would be selling on the basis of this RNS is beyond me.
So what if the 70-year NED has decided to move on ? Anyway it is about time we got someone in who knew something about online sales instead of banking.
the rerate will continue apace when generated is revealed. If investing was about jumping out just as soon as you get your 30% then good luck with finding the next company that is going to so strongly rerate.
@Kev4 - I agree with you, PI's tend to unreasonably want jam yesterday. Many will simply drop the shares when they've got a 10-20% rise. Alas I fear that this is symptomatic of the non-sophisticated investors in AIM technology/pharma businesses - in my opinion the US markets much more fairly price these kind of stocks.
apparently not a lettuce but a rather cackhanded way to try and obfuscate. Now I am genuinely pleased to have just sold my last shares in Amryt - I do not like feeling that someone is playing games with a share, I am much more interested in genuine fundamentals.