Picked some up at 13c
The positives:
- still generating cash albeit at a slower pace
- Business still generating revenue
- Board claims to be looking at restructure and to reduce costs (long bow but they have put it out there)
- Cohen not the leader {he can probably still add value (sorry reduce the damage) from the sidelines}
- Take over target????
The negatives
- Financiers not playing nicely leading to debt being called or higher funding costs
- UK/Europe economy getting worse
- NPfIT uncertainty
Downside still rules but I hope the leasons have been learnt and we move forward from here.
Also buyers seem to be building....
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