Lets not forget Stobart have retained their 17% interest in the company. They obviously feel its a going concern. Should have a medium term target of 30p and short term 20p easy. Next week going to be interesting.
RE: Right.. i am going for jog! last msg28 Feb 2020 16:04
I have just had my run. Back to watch the COP. Next week will be exciting. Cant believe how commodities are collapsing along with the whole world markets. Over reaction IMO.
It's as good a place as any with stock market crash. At least it feels as though this has crashed more than everything else and therefore more of a safe haven than others .... strange logic I know :-/
Big churn of shares should shift overhang. We will see when its cleared. Look at the bigger picture. The company is trading way below fundamentals now. I still say 30p is a realistic target.