RE: Be careful about sentiment30 Sep 2020 18:51
No.this company is too small for a takeover and not sure who would want a group of high street stores. Companies that have gone bust in the past ie yell, Thomas Cook, Jessops etc all had common factors. The SP slowly went down week after week to pennies abd then they were gone with shareholders losing everything. They were not taken over but reinvented on line but with new funds. Just be careful of lemons. CF may survive but if you asked it is closer to going bust or recovering it would have to be the first given the fall from grace after poor trading results. It is a company with low asset value but high debt. I am not a short trader but a realist based on reality and not just optimism. I hold shares in the company and worry about all the positive posts while each day watching the downward path.