Way forward6 Mar 2024 16:27
Also let's not forget this is a profitable business in real terms (removing the effects of any property valuation movements) it is "just" a debt repayment issue of £50m in Aug 24 on a LTV of approx 55%. Once the board give some firm guidance with the release of FY23 figures the share price will recover. If they can show that the debt will be repaid in Aug (and you would be mad to pay a dividend if you couldn't do that) I expect things to calm down a bit. At these prices I will continue to buy for the longer term. Maybe I'm wrong but time will tell. I think March 26th is the key date for all, until then hold tight!