A Touch of........13 Mar 2018 17:01
I don't know what, but I would urge a lot of caution here with this share, even though I'm sure to be pounced on as trying to deramp, blah de blah, I was around at the time of the marconi fiasco, and have to agree with scarredback and Billtucker. Even though I disagreed with scarredback about whether or not Marconi were a good company (their products were certainly good, it was Simpson and the running of the company that was bad) the D4E swap wiped out almost every bit of value from the existing shareholders. The ones who did make a killing were those who bought AFTER the restructuring of finances. That's how I remember it anyway. I know the massive fall in share price seems very attractive,(I was also tempted and bought on the 5/3 but sold out for a nice 40% profit on the 12th), just don't put your house on this one 'cos it'll be Macintosh who makes all the dosh!