RE: Shorts Increasing5 Jun 2018 12:27
Warthog - I think you have it in one.
My issue is, as the year continues, your point iii is making it ever more apparent that they are struggling to win big contracts now. In my view the recent drop in price was quite justified to some extent as the SP got away from any market value indicators. Also, with the anniversary of the SFO action passed the chances of 'sudden charges or arrests' probably increases.
This will be a day trading stock for quite while unless the 'buy-out' rumour mill fires up again.