Member Info for Mickey2099

It's extremely unlikely in my opinion that we'll see a rights issue soon, perhaps in 6 months once the strategy, which is indeed due soon, looking to restructure the business including reducing costs and a return to revenue growth, has been given a chance to be seen to be working (this is similar to the way things will and are panning out for Premier Foods). Without such it would be difficult/impossible to ask investors for 5 x current market cap. For the record I'm very keen on this company being a turn around succcess.

Personally i'm not concerned. Hendersons bought in circa 5p so makes sense for them to bank a proft quilt still leaving the vast majority of their investment in. GL all and I'm in this for the next 12 months and hope for a successful turnaround, which with a more positive global macro environment is acheivable in my view.

Did anyone else notice the sudden volume of purchases at 12.32pm including a 490,000 buy (indicates as a sell on here but timing clearly suggests a buy)? Someone is clearly building or continuing to build a position here.