RE: shocking really and majorly disappointing24 Jan 2023 11:51
Norman Broadbent up 50% today.
The closing paragraph by the CEO
"We are aiming to deliver annual EBITDA of £1.25 million in 2025 through organic growth whilst continuing to seek acquisition opportunities. While the economic headwinds remain challenging, I am confident that the necessary foundations are in place to enable us to achieve this target."
You tell me how that warrants a 50% rise when we are below the SP prior to our RNS release yesterday?
My theory is that it hasn't got many traders holding in the first place who will ditch on a rise.