As much as I would love to see that price I honestly can not see that happening. Because of the rights issue there are so many more shares in issue that I can not see this reaching those dizzy heights again. I think 2.00 is easily achieved but 5.00. Even as an eternal optimist I do think that is beyond. Hope I have to come on and say I was wrong !!!.
At the price they paid for that American business if they could sell it for what they paid they would have a very profitable business cash generative and with virtually no debt !!!
And again published, I tried to buy more last night and knew there was something afoot when the price finished BELOW, the price I tried to buy at and all they wanted were SELLS. Happy to retain core holding.
This DID NOT finish at 1.16 as I had another buy order at 116.2 which was NOT EXECUTED.
Market makers do what they want. Quite sure they would have been happy to BUY at that price !!!!!
I hope you are right, but I do believe you are being a tad optimistic. We need to get over the immediate short term hurdle of £1.24 first and although I would love to come on this board and say "well done" I can not see it happening in that timeframe. I definitely expect upside before then but I do not see the "real growth" until after results in May. Hope you are right though and good luck
09-Dec-13 13:22:42 116.46 100,000 Sell* 116.50 116.70 116.46k O
09-Dec-13 13:22:07 116.43 100,000 Sell* 116.30 116.60 116.43k O tHIS ALWAYS KEEPS THE MARKET MAKERS HAPPY AS CHEAP SHARES TO SELL AT A PROFIT.