RE: Trending up now here I believe. Just turned5 Jun 2022 15:08
AKA0501.
Clearly I was wrong about the sp here as I still hold some at £13.00 or so.
The reason I did not sell, which was wrong was this:-
They maintained their dividend.
They paid a special dividend.
Various directors have bought shares in total value in excess of £345,000 in the last i think 3 months, all sub about £11 a share if memory serves. Have a look at the RNS's yourself.
My reasoning seemed good at the time only to see the sp fall.
I note very recently the sp has had some positive days and hopefully it has turned the corner. I note M&S results were better than I think was expected resulting in their pric moving up from around £1.40 to the current £1.51 and maybe this is why the shares here have had some positive days of late.
All IMHO.