RE: Why9 Nov 2017 07:53
The short answer is no , but GRPH is at the bottom of a cycle. They have had an sp 15 times or more what it is now, they have (almost) gone broke, restructured and and refinanced via convertible bonds with Darwin, which are currently all converted, (although there may be another tranche this looks unlikely as the option has not been taken up and is months out if date). They have completed a trial and may be about to announce a positive outcome leading to a very large order. All in all, at this price, with the possibility of goods news to come and a return to anything like historic prices they look like a reasonable punt with the chance of a return several times the sum invested. As always DYOR good luck whatever you decide.