Dead stock6 Mar 2019 12:12
I think it was spurs777 who started calling this a dead stock back last year.
It looks like he’s right now. This is now pretty much stagnating at this level, nearly all news has been reported and I don’t see the much touted debt restructuring make a significant difference and certainly not one to get this moving.
The market knows all it needs to know and is generally not interested. Sellers took it down to this level and there are no interested buyers to reverse that. Coupled with the associations with Hogan and Zorbas I can see this staying at this level for some time. All that talk of 15p by Xmas, 20p on results, nomad, blah blah blah - jokers.