Ann: PS&C Ltd Half Year Accounts, page-72

I had commented that the business was priced as though it was about to go into receivership. He was frustrated with the price and it in no way represents how the business is performing. He was looking forward to presenting the full year accounts and I gathered was very happy with how all the cost centres were performing.

He agreed one big holder had sold a large number of shares (4 million) in the past weeks and that had not been good for the price.

I think it is a matter of holding ones nerve now and hopefully August will see better news.