It would be great to know why as well ? This share seems to have stayed at 265-307 range and not moved down or up despite winning new contracts and executing 400 million pounds of cost savings.
Sit tight boys : https://arenagroup.com/wp-content/uploads/2020/07/Arena-Events-Group-Plc-FY20-results.pdf Viability Statement The Directors have assessed the viability of the Group over a three-year period, taking account of the Group’s current position and prospects, its strategic plan and the principal risks and how these are managed. Despite the current COVID-19 pandemic and the pausing of many events around the world in 2020, the Directors have assumed a gradual recovery in activity from early 2021.
Here is an excerpt:''His hope is that normality will return in January 2021 when golf’s European Tour begins its desert swing in Dubai. Still with its revenues, and costs trimmed back, Arena has ample liquidity to get through to that date and beyond.''