Not sure many of us will be here over the coming years. I see a huge upside in a matter of two/three weeks at this level and what other opportunities are there to make 125% plus in that space of time :-)
2.6 million mc now unbelievable upon the circular this will go over 1p imo
Which looks as though it will be broken tomorrow.. This looks so undervalued now but do they actually want this down to the all time low of 1.02? The market mafia are so ruthless and corrupt I would not rule it out.
Agreed 1.4 billion dollars was stumped up by reckitt, I would hope for somewhere in the region of 300-400 million dollars if this is settled out of court. I definitely do not expect this to go right to the wire nor do I expect that they get off scott free
I honestly think fair value at present is around 70p level i.e. around 500 million quid mc This has dropped by 50% in the last 4 months and there is absolutely no change.
Incredible it is down here but who could have envisaged the relentless downturn of the European high street.
I am looking closely at this but with 4 billion of debt like unmeed says they need to keep shifting those assets. A rights does look increasingly likely though which is the one aspect seriously putting me off.
Do get this off the ground they would need to be around the 10p level and would need to raise at least 300-500 million to make this worthwhile.
I’m tempted but need to see some kind of stability sp wise