RE: below 75p is a worry9 Jul 2020 18:00
Scaremongering, thanks ocean, people need to invest in this on its own merits. Market cap is £146m, is that what TED is worth? Yes, to the penny right now. But one has to consider that they've raised £75m cash to support a restructure, there is a potential sale and leaseback occurring (think that's another £70m odd but can't recall exact figure). So cash equal to market cap if that comes off, cool. This share is currently priced to fail, if you think TED will fail then don't invest. If it doesn't and can churn a decent profit then it will be valued higher than today IMO. Thanks for the deramp though, everyone sell and put your cash under the mattress!