AthatG...You gain 30p on 35% of your holding,but you will lose at least 30p on the remaining 65% as the SP will be marked down by the amount removed from it's balance sheet..
As a trading update was due in mid May,we can assume trading has been unremarkable, otherwise the company would have been quick to match last year's update in May
Daft RNS as it doesn't necessarily mean higher turnover or profit..It could even be loss making.. Revolution needs to concentrate on increasing sales globally before having a distraction in developing products..
Very ordinary update,with nothing to panic about and nothing to get excited about..No meaningful change in trading conditions for several years l suspect..Debit lower,but dividends should be removed to allow more debt to be repaid.
In truth,look thru the garbage CEO statement and you have a truly calamertous set of trading..The new CEO took over and seems to be worse than the previous one.