RE: Why would you sell.27 Nov 2017 19:21
The Chinese are offering £12.5mil for 360mil shares. Total shares will be 670mil making market cap £15mil at current SP 2.25p. (Am I right?) Considering they will have £12.5 mil cash, no debt, and the Chinese filling the order book to take advantage of duty free status, I think current price is cheap. Investors probably awaiting the deal to be confirmed before they buy in.