Heaveho - Questions19 Jan 2013 14:24
TBH no idea about the share price but looking at the 3 month chart a retrace back down to (say) 2.7p in on the cards before the next leg up to 3.3p..imo ahead of the results. This is about the right price for now ahead of finally knowing the settlement figure which MAY mean a re-rate to between 5-10p. Some sort of corporate action looks vital sometime in the next year with ABS model the favourite but it is not a cert. Perhaps it will become clearer when the results are issued? Can Helphire survive long term? Who knows - it will continue to get squeeze if the company does not continue to adapt to market changes and cannot cut costs forever, but I don't think it is an issue for several years although bank facilities need to be renewed December 2014. GLA