Re: What has happened?? No, but I have seen a big drop in share price in this in the past followed by bad news the next day. I smelt a rat then. This time we shall see. Big volume today, maybe someone offloaded a relatively big number. Could be as simple as that.
What has happened?? Just checked these shares and noticed a 20% fall today. Anyone know what has happened?!
News? According to my portfolio page there is a new news release. When I go to the news page I find the latest story is 2nd Dec. What's going on?
Re: Interims I won't comment on the 2nd correction!The company has net assets worth over 38p per share, so provided the current board can win back some confidence from the market, there is plenty of scope for a good recovery.
Interims I ploughed through the original release, then see a replacement has been issued. I do not see on the replacement an explanation of what has changed. This is exceptionally poor. To make a mistake in the official release is bad enough, to correct it without explaining the change is compounding things.The results are poor - we knew they were going to be, but partly that is because previous results had been over stated. However they are still profitable, have a good geographic spread, and a good order book. They also seem to have a management team intent on increasing shareholder returns ethically. There can still be a good turn round story here and a good, profitable future.