in the 10 trading days14 Jun 2017 02:43
since the 30th may (when it closed at 50.25p), it has gone down nine days and stayed level the other, shedding 25%(!!) in that period alone. this, of course, is on top of the other declines in the preceding months.
interim results were on the 7th march, when Armitage claimed he would keep shareholders updated in the months ahead, and how acutely aware the directors were of the pain suffered by shareholders..... yeah, right!!
since then, absolutely nothing other than a piddling property sale for £4 million...
all time lows now and nothing at all from the BoD - utterly shocking and indefensible now. where on earth is this strategic review? I urge all shareholders to bombard head office with your thoughts....
now valued at £53.5 million, which is barely more than double what Armitage agreed to pay for some cruddy acquisition in Jan 2016.
the directors are destroying this company - it will be a very stormy AGM.