Unfortunately with no OPEC deal oil will keep getting hammered next week with virus news etc. Companies with high debt could potential go bust of this keeps on going for another couple of months. When will the bond holders step in at enquest of things get worse?
Lockerboy, Oil price will be collapsing for the next couple of weeks due to opec no deal. Fuel cost is a big cost for esl and any reduction in fuel prices will have a major impact on margins.
RE: Mark. The date Febuary 10th 20207 Mar 2020 10:38
Yes mark some would be holding from £1 ++ region. The opportunity here is unbelievable. This is not an aim company that’s just starting it’s journey. Close to billion revenues which is increasing year on year. New cash injection by dbal of 70m. Current mcap of 38m ffs
RE: So to pick up the big contracts7 Mar 2020 08:57
Expect interest to pick up here next week drop from 16p to 9p is mental. Don’t think sub 10p will be around for too long Monday. MMS has taken advantage of the virus and dropped this down and obviously we have a seller too but that’s almost finished.