A disaster2 Jul 2013 22:30
I too had a holding in Praesepe, on the advice of Killik. Marwyn has been a complete disaster, with no logic to its range of activities and no evidence that the management have any skills in running the businesses it acquires let alone growing them. How it is able to raise money to fund these disparate and poorly chosen acquisitions I cannot imagine.
Who did they sell Praesepe to, when and for what price and why were shareholders not informed?