RE: Administration24 Aug 2017 11:42
I only been watching this recently (never got any). But interested to know how a company has many trading arms/assets and their sp. was over 50p in 2016 and in the over 120p region in 2015, paying dividends in past years can come to this stage so quickly?
Is there no warnings in their accounts? Have the profits been pocketed somewhere?
Overspent? Too many creditors for their products they're trading?
Curious how this is being mismanaged or siphoned out?
If someone with some knowledge to enlighten me, I appreciate.
So sorry for those got caught here, but I hope the company can sort themselves out and perhaps some can recoup some losses. I did lose my hard earned money in other shares and really understand how it feels.
ATB.