Would it be correct to say that they didn't survive this time but there are multiple successful examples in the past?
I have very little knowledge of the company, only a high level overview but it seems a wonderful opportunity for a risk-balanced punt on a reversal of fortune
Any positive update from the company confirming it was a once-off disease or contamination issue, is likely to send it up in a hurry
Not saying this will come out, but if I was Mr Ashby, I would be wanting to restore investor confidence quickly and efficiently. And removing concern of that event reoccurring would be one way to do this.
From what I can see, I think this has been a panic led sell off, and it now sits way below a fair value level. But that's just my 2c and hence my reason, right or wrong, for getting a few positions as a bounce trade.
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