at these levels (10% or so bounce potential, but much more fundamental downside imv)
..if u want to hedge £ weakening further, better plays elsewhere given immense risks here??
is pretty wide/steep...if the business can really motor with weak £ towards £6m+ ebit, then an EV of £60-70m (10-12* EBIT) doesn't seem crazy
...weighted av sp of £7-8...
...happy thoughts/dyor