What the feck is going on here? I have always done well trading this share but this seems crazy low. I remember trading this in the 190p’s last November then it fell about 25% in the New Year, I was fortunate I didn’t get trapped. It has got to be ready for a bounce? Fear and liquidity is creating some strange valuations.
If this drops to 25p, I will be buying shares on Margin. A well ran company and with Labour looking likely to Govern next year, the intention will be to insulate every building in the land.
I bought back in here again today, great Business. I would not worry about parking your cash in here if you are going long. I am hoping it will be pushing 1700p in the next few weeks.
This is not a Mickey Mouse Company that some are portraying it to be, worth looking at the Investor presentation from September. Yes, they got their sums wrong, but doesn’t warrant this radical drop.