RE: Drop11 Feb 2015 10:29
Reason for the drop = Share sub-division...
From their RNS...
..."Resolution 7 to sub-divide each of its ordinary shares of 5 pence each into 5 ordinary shares of 1 pence was duly passed and the Company has applied for these new 1 pence ordinary shares to be admitted to trading on AIM, part of the London Stock Exchange. These shares are expected to be admitted at 8am on 11 February 2015."
Also, their £0.81 hedge against the EURO does not look great