Takeover?????08 Dec 2020 16:26
Takeover target??? MCap now £26m. Who, tell me, in their right mind, is going to buy £200m+ of net debt, for any price??? Have any of you even looked at the HSS last accounts? Have you even read the ‘going concern’ statement?
Recovery? Recovery in the economy = an increase in the bank rate = more interest to be paid on its debt, over and above the £13m-£ 18m it’s already costing per annum.
HSS only keep their heads above water because of the support of their Shareholders and Creditors. II Shareholders who are already in up to their necks, (bought in at 210p and have since seen their capital investment all but disappear), not you PIs who are just gambling on some pie in the sky recovery.
Discuss! Please!!