RE: Results21 Apr 2020 08:43
yup, soleman, the dropped ratings back in January led to the sp dropping away to 20p ish (combine covid etc).As detailed in earlier posts by others re last know capital levels against mcap (pretty good financials) and continued revenue, cancellation of tresuary shares last week and the recent gobbling up of shares from 8 to 15% in a couple of weeks by Premier Investments also add in the £400k purchase of shares by the two directors at 29p in February all provide a reasonably positive view of their confidence in returning the sp to higher levels, as clearly we have been a great deal further north of here not so long ago......the risk is they have not upped the google rankings and do not expect too as shares have a forward view it would be hard to imagine that they have not improved the situation, they have extra skin in game, £400k, Premier have bought 15% just recently so if they are clues we'll be ok..it is often said follow the money and we're not dealing with an aim company that has no finances large debt etc.....always important to know the risks keep eyes open and try to read between the lines, so far all clues point to improved position ...game on