Overreaction20 May 2017 12:06
I bought in Friday staggered as to how the RNS update from Friday can reduce this company's value by 40%! 40%!!! Trading broadly in line with expectations, two bars that were closed for upgrades now should be earning, more bars opening and Summer around the corner! Bars are a difficult business to predict, high cash flow but high operating costs, just my opinion but this severe drop looks unjustified. I for one will be topping up if it drops further. On a side note the IC had this as a Buy at £2 as recently as 28th Feb.