RE: News23 Jun 2020 13:41
Like others I am sitting on a huge loss here and it is very frustrating yes.
It is the lack of news flow that has caused this to drop in half since I bought it and possibly some pondering about just how busy they are. There were a lot of investors in here looking for short term gains and they have moved on I think/
If the news comes in pretty decent though, there will be a massive movement upwards. I am expecting results to be more positive given they have a very diversified set of customers. Obviously I will be disappointed if they are not. I would add that people have still been buying stuff, it is not like trade has failed to exist during the last three months.
There was quite a lot of activity I think March and April evidenced from the recruitment they were doing back then and their update about being busier than normal -- then it looks like business tailed off for a time, they stopped recruiting but hopefully on average they have done ok. If they can afford 10 million quid for the brand, one would imagine its not too bad.
Gulps _ I dont know but I hope its good news