I think the cheapest I bought FTO was half a p , many years ago.
One of problems here is that while the buy price has varied a lot. The sell price has only varied betweem I think .11 and .15. So the only people making money here are the MM, the lawyers, the banks and perhaps some of the managers , ex managers and ex BODs. Did SIFC say how many shares he has?
Greedies, yes your rules make sense. I have far too often not cut losses and not let winners run. I hope I get slightly better as I get older. May Dad's share philosophy is never buy a share that does not pay a dividend and never sell! He has made a lot of money over the decades.
Sell, may I ask how many Sefton shares you have? I only have less than 200,000 sefton shares now. I can't bring my self to sell the last for a loss. So I will just wait and see, although I will not be surprised if they lose all value. I just wondered how far down are you? I would like to see them rise, but my opinion is that the company had been bled dry by JE and crew. I would be surprised if who ever takes over the rump of Sefton does not find a few more nasty surprises .
I am almost tempted to buy more . But, I usually buy, just before a company goes bust 
. AKA Bradford and Bingley, Marconi etc. So beware.
Terry, thanks for the information. I wonder how many shares he still has . The remaining directors seem to have nil or pitiful amounts of shares. It seems odd if JE has not broken any laws.
spread now .30 buy to .15 sell. MM making money