Tomorrow - Very Interesting13 Nov 2019 17:49
Last couple of days tells you all you need to know about this investment:
1) Significant increase in volume
2) Misread rns bashed SP 75%
3) Woodford/Investco/Link selling Tr1
4) Covenant breach talks in progress
5) Company quids in has $20M loan, has cash $9.5m
6) Previously seen as attractive TO target at 7p, reason for SP at 1p is Woodford holding-now done!
7) In fact Company products in hugh demand, problem has been can’t produce fast enough!