Opening Trade19 Dec 2018 17:11
On open the price was 20p. That was where the market valued the company based on the news. Then the panic selling took hold and here we are at 8.5p. People are scared to hold and this make for unseen opportunities. The company stated in the RNS that they are addressing the situation and that expected contracts will be signed in early 2019 which will overcome the banking problems.
Buy now or kick yourself later. Net assets are 120p. Strip out the debt and that still leaves a nice juicy number