Tempting price. But catching a falling knife20 Oct 2025 18:05
When BME fell few weeks back to 220p I was tempted to buy. But then on this board some one mentioned this could be next Woolworth, which struck me and I kept myself way. Then I saw share price rising to 260 p and saw various articles recommending BME as a buy. Todays fall is worrying as this is an accounting error. We have many recent examples... JW WOOD, WH SMITH, VISTRY all fell due to accounting error. None of these shares have recovered and in fact JW WOOD could go bankrupt if SIDRAS 30 P bid doesn't materialize. So is BME a good buy at 170 p. Could be but Woolworth memories scares me.