If they had a raise for garden trading acquisition and new head office it would have been justified at the time. Now it’s distressed. Only upside is it’s easy to identify the mistake. Other option is to offload garden trading if anyone was interested.
I agree, it’s his baby, no way he will let it go. Don’t forget he’s a very wealth man in his own right. I’m sure he would buy a big proportion of any raise.
I’ve been banging on about the high value auto trades for weeks and seems no one noticed. I think this could well head towards £1 again and still be cheap.