RE: Share price2 Dec 2020 12:32
Vaccine News - Tick
Exec & Non Exec Directors Happy & Buying stock - Tick
New board with a wealth of experience - Tick
SP low due to a battle with old founder JB - Tick
In talks with the FCA about relending strategy - Tick
Ombudsman complaints going down - Tick
Over estimated complaint payout numbers - Tick
£200m+ in the bank to pay out those complaints - Tick
GJ a legend in company turn arounds - Tick
It will be steady around 8-12p. IMO. A lot of PI's got burnt here when JB said he was coming back, which never happened. These people, including me are now locked in at 14p-18p, or they've been burnt here. There wont be any new injection of capital until the complaints are down & relending resumes, then the big players will come back in and support the board. Until then, its a stalemate of SP.
GLA, DYOR, IMO.