Peel, and their dumping.25 Nov 2025 13:04
For the benefit of newbies on here, and the reason Peel are and have been dumping their 60 million odd shares, all acquired for around 1p each.
Courtesy of SpotTheNutters a couple of days ago.
16 June 2025
Peel Hunt Limited
""Full-Year Results for the year ended 31 March 2025
o The Group produced a loss before tax (LBT) of £3.5m (FY24: LBT £3.3m), due to an increase in our costs, predominantly from exceptional Group restructuring costs. On an adjusted basis1 the Group was profitable with a profit before tax of £0.8m (FY24: adjusted LBT £2.7m)
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Their turnover increased, yet they're still making next to no profit, so 'busy fool' syndrome.
'Adjusted', they made £800k. That's next to nothing considering the turnover.
They'll be keen not to wait and to take any profit they can in haste, to shore up their performance, which considering their turnover, is really poor. They've got their Results due in December, so they'll be keen to show an improvement on June's Results.""
GLAH