RE: £1 a share this year25 Jun 2019 11:42
A reason why the SP is in the gutter is that DS kept promising a CPR that was supposed to be so important, with several pushbacks / altogether missed deadlines, to be then told it wasn't happening (at least not in the short-medium term) anymore.
Then you have his claim that placings would be a last resort, and/or for acquisitions only, and yet you have those resolutions asking for the placing rights to be doubled (from a max of 1/3 of the marcap to 2/3).
Trust in a BoD / a CEO is a big thing and his actions have eroded it a lot, whatever his intentions are.
then add the fact that it's AIM where people buy rumours and sell on news. Now that we know that there are no specific good news expected in the short term people move on and the SP deteriorates, regardless of the (excellent) fundamentals of the company.