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Do all the speculation and number crunching you want. But one thing is for sure.
just like "Goahead" it will either be bid for or price will increase. Compared with first group it's far too cheap.
Bottom line guys.
ITS WORTH MORE THAN THAT !
Share price is now at a crazy low and the board are absolutely mental to not say anything to stop this madness !
Market will turn but let's face it we will move a couple of pennies up unlike the other shares and then straight back down.
This pathetic board of directors should make some sort of announcement to support the share price. Either that or clearly a rights issue is on the way. Many here said 80 is the bottom well we're in the 70s so you were all wrong !
JG I'm down nearly 40% on this and no I'm not going to panic sell because a rights issue is coming so hopefully can break even. I'm the only one talking realistic here and said many months back this will drop to 60p but no one here gave me credit and simply thought i was nuts. Well peeps were not far off now. Don't listen to them as I got sucked in on the cineworld board saying what a wonderful share it is and look how that ended up! Luckily I sold and didn't lose too much.
Everyone here is burying their head in the sand.
The market is now pricing in a rights issue. I would say almost 80%. Just one rns from the board saying no rights issue will almost double the share price. Most here have topped up too many times. Now got no money to buy any more shares its a simple as that. Declaring a dividend was to put a bit of confidence in the sp and fool us retail investors. The traders all know what's happening and its pretty clear and obvious a rights issue will be announced in the next few weeks, especially if this keeps dropping the way it is
Look paddy. We all done the number crunching. This has gone way beyond panic selling. Market cap heading below 500mil. Yield heading towards 9%. Rights issue is all that's left that explains the continus drop down
As the percentage of a rights issue happening goes up. The shares drop further. Right now I would say its at least 70% chance it's going to happen. That's why any announcement from the board saying its not happening could easily double the share price.
Your in this deep paddy. You will not have the money to take up your allocation. So obviously your in denial! But all the signs point to a rights issue. I said it with RR and Tui and I was right both times. If I'm ******* my nappies then you must be sitting on the loo 24/7 as your way deeper than me ! The board could easily double the share price by making one simple announcement.
Market cap has dropped under 500mil & yield is well over 8%. The share price can't drop no more. It makes no sense.
The board now needs to come clean and make announcement there is no rights issue planned. Otherwise information has been leaked to the shorters and that explains why shares are touching new lows every day.
I'm sorry to say. But all you people who have been buying at these incredible new lows, are about too lose alot of money. It only makes sense a rights issue will be announced as why would they keep dropping for no apparent reason. Happens with rolls royce, tui and cineworld to name a few.
I can cope with sp movement. I held my RR investment for well over a year and saw it go to 66p and now to £2 but sold a bit too early. This share is very suspicious now with no inside purchase, no write ups from analysts and no broker ratings either. Plus the board keep surprising us with new info. The market does not believe in the board and this can easily turn into another cineworld. Why couldn't it ?
Yes Mcg is my only investment. I'm the very few here being realistic. It's all good trying to speak the sp up but there's only so much talking we can do. Will continue to drop until those figures are out.