RE: The ask is back to 700p. IMHO the market was worried31 Oct 2022 20:14
botbot1202.
"£37 pre covid, Jan 2020.
Nett Debt was approx. 10bn, now it's 30bn."
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Assuming your figures are correct the debt is now 3 fold what it was when the sp was £37.
So very very roughly £37 divided by 3 is £12.33 a share, Of course we are not back to full capacity etc.. Sounds about right to me. We are @ £7 a share.........
At least this is some sort of very rough yardstick for the sp!
All IMHO.