Hard one to read isnt it. Could have been a lot worse....banks obviously see something in the business otherwise theyd have pulled the funding.
What doesnt make sense is how the likes of Cineworld is doing fairly well share price wise, with no customer, no income and potential dead market..... Least Card factory has online income and once lockdown is over you would expect people to go out and have a spend.....
I read it both ways Paddy. But you would have thought if there was going to be a rights issue they might as well have told us today.... not sure the negative moment overall on the stock market today is holding it back or not.....
Starting to realise the stock market clearly doesnt like this share, hardly moving. Whats everyone else think?
Couldn't agree more Finley1, I'm in the construction trade (QS) and the industry is busy at the moment and the Brick lead in times have gone up, which means demand is still high.
Deuch bank are the last bank I would listen too......
That's a bit of comfort chief financial officer buying shares :-)
Think people are forgetting the construction industry isnt going into lockdown.....
If Ibstock can still achieve the 50m profit its still been a very good year compared to others......
Regret buying these already....think 1.64 might have been too much to pay at the moment....
Redicous this drop...anyone would think the trading statement was bad...
God trading compared to others that have seen share prices go up!!