Bulls & Bears6 Dec 2018 21:40
Personally, I’m a Bull.
My observation is that the market reacted to the £10M hole and the SP fell from £10 to 89p.
It’s sort of bouncing around waiting for the results of the Forensic accounting, x2.
So, they announce yup, £10M has..... whatever...... so what, we’re already 90% down.
More likely, they also announce no more disappearing funds due to new accounting practices instigated by the big pro’s currently fine tooth combing ‘everything’....
.And.... further contracts heaped upon the £70M already booked for 2019....
And...... the unknowns are known .... a good reason for any Company to move forward again.
I’ve already bought a chunk recently & will double my holding should it dip before the update.