Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Ouch!!
After a very good run this year thought I would buy a wedge of these yesterday at 423.5p thinking they would bounce.
Didn't expect the US sell off and Morgan Stanley broker Rating ....
Doh! Looks like I'm a LTH now .....
I'm not talking about Tuesday Rock
I mean you could of been out before Thursday if you would of sold after a 15% drop .
I mean it's easy to see how but maybe something to think about in the future on other stocks
Maybe a stop loss set at 15% next time
You would of been out at 31p.
When it went in the 20s you just knew the T/O wasn't gonna happen. Too many were snow blinded here.
Hope it's not too many K down....
Russ Mould, investment director at AJ Bell, commented: ‘Julian Dunkerton has withdrawn his attempt to take the troubled retailer private which means Superdry now faces the prospect of having to conduct a heavily discounted fundraising to stay alive, conditional on de-listing the group from the stock market.’
Mould added: ‘It has secured additional borrowing facilities that come with a chunky interest rate but that’s only going to be a small plaster on a big wound – not enough to save the day.
‘Investors now appear to be dumping the stock to get back anything they can, even if it means crystalising a loss. In the absence of someone else throwing their hat in the ring and trying to buy the business, we can probably wave goodbye to Superdry as a listed entity.’
PAD just remember this could land at anytime :
However, Julian Dunkerton remains fully committed to the Company over the long-term and is in discussions with the Company in respect of alternative structures, including a possible equity raise fully underwritten by Julian Dunkerton, which would provide additional liquidity headroom for the Company's turnaround plan. It is expected that any equity raise would be at a very material discount to the current share price, require shareholder approval of a Rule 9 waiver (as referred in Note 1 of the Notes on Dispensations from Rule 9 of the Code) and be conditional on a de-listing of the Company. A further announcement will be made as appropriate. There can be no certainty that a transaction with Julian Dunkerton will be agreed.