Accrol Group Major Profit Warning5 Oct 2017 12:06
Major bad news from Accrol this morning, with one of the worst RNS announcements I have seen for some time from a company on my Watchlist. I was glad not to have a position in them, however realised MGR have a near 10% holding in Accrol. Currently (although suspended trading) their current holding is worth 1.32p = ~�11.6m. If the SP halves, it is nearly 10% of their market cap. I have therefore sold in MGR as did not want to take a risk. I may buy back after any pull back. GLA DYOR