It would be a good idea if everyone sold now. I see someone offloaded a huge amount of shares on the Daniel Stewart news. I think the risk of delist here is 70% now, the company has no reason for shareholders and I doubt they would be able to raise funds in the future.
I don't often abandon shares as it's expensive.
Last one I abandoned was MPOW at about 30p. Look where it is today.
I've seen how this share fell on no volume of the last few weeks
I might rebuy if it goes below 10p, no point holding a falling knife.
I sold my stake on the bell (for the worst price - less then 11p)
500 pounds reduced to around 90 pounds
It's been pointed out before that if the company has that cash they can afford to pay a little dividend.
I believe the company have no intention in paying further dividends.
There's too many red flags here.
Should have sold on the dead cat bounce at 27p last time round, but never mind.
Its unusual for company directors to comment on share prices, fall has been on very low volume
There's not much free floating NBU stock around so the first bit of good news, 25% jump is likely
Prospective buyers of this share should be aware that the company last paid a dividend in August 2014.
The Chinese economy is going through a downturn at the moment so the dividend was suspended as a precaution
I think we can expect a bounce to 40p+ once the dividend is restored. This maybe some time away.