This is very interesting I was a long term holder and took advantage of the rise, getting out at around 9p last year. I hope some of you held on and took advantage of the further rises and hope you made a few pounds. Now that it’s back down my thoughts are that it’s fallen due to wholesale prices falling. It does pose a new dilemma for me in so far as do I get back in as the company has some good potential or do I wait and see where it goes next. Anyway good luck all.
maybe the following line from the RNS about Dec 2021 covenants is causing the drop " The Group is working with its banking group to agree the June 2022 covenants ahead of McBride announcing its interim results for the 6 months ending 31 December 2021." As we get near to the end of June and have not heard anything on this topic, it may be the case that there is concern about agreement not being reached.
I’m starting to loose confidence here, bought initially on turn around hopes. Topped up on the back of the insiders buys. Now we have big drops on no news and the BOD seem to have vanished. I’m guessing the institutions think there is bad news coming and are getting out ahead of it.
Agree, there is very little other than a list of ideas left here. If any come good, yes they might make money. These ideas will take time and lots of money to realise. This is for the bottom drawer now.
Hi all, Sp is a bit disappointing, but interesting that there have been a few dire or buys. This chat is very quiet, anyone have any ideas when we are next due an update?