The US, due to vaccine idiocy, is being hit by delta. But the pandemic will burn out eventually (as it has in the UK, in terms of mortality) and confidence will return to the markets.
Just to say, I put every penny I could scrounge into Brown last summer, and still holding tight on an over 200% rise. It still looks like it has far to go.
RE: AO results great news for BWNG16 Apr 2021 09:37
N Brown panicked when the pandemic struck, cutting advertising and marketing and mothballing itself. But that is all history now, and they are paying close attention to branding and such-like. Things are Look in up as we emerge out of lockdown.
Restoring the dividend was mentioned in the open offer prospectus, but no definite date was set. Previously they said they expected it to be restored in 2022.
Think the shorts thought the AIM move was a great opportunity for them and are slowly realising that it wasn't so bad for N Brown after all. (Repost - ambiguity clarified.)