Not really an over reaction I would say. This time last year, sp dropped from 1600p to 995p.
With losses widening and market sentiment not good ( see DOW yesterday ), not a surprise to me.
Below 1000p i believe...
The company stated at AGM in October that there had been further growth within the business, everything was in line with expectations.
Interims in January.
70% of revenues are derived outside the UK, so I would say they are very much brexit proof.
For some reason, sentiment is just not good here. Despite continual positive newsflow this past few months.
You're not wrong regarding bison. He who bought a load in BGO at around 170p...look where they are now!
More fool me for not ditching this morning. Trading update last November saw drop from 1600p to 995p...
Would have been interesting to see sp reaction if update was yesterday, when AIM was bouncing. Not cratering as in today.
I understand why sp has dropped, but feel it is a bit overdone.
Very positive news this morning as regards acquisitions. Shows the company strategy is working and company moving forward...should be great news next final results...
Yes, for me the time to sell was a few weeks back. No news imminent, market sentiment not good, and a cyclical stock which historically drops over the winter...
He bought in again at 192. I anticipate he sold back out when sp went back up to 213-215p.
Watching on sidelines here. It's a company I like but waiting for right opportunity to buy in...
GLA