Massive trades today (25 million shares)but some significant sales at the close of business.
This business is only worth £40M (at 5p a share) and generates profits before interest charges of £15M (or so). Even after the interest it runs at a P/E of under 15 doesn't it. Once the debt is reduced / refinanced things will be better. There's still some money due from an I.O.U. from the sale of a USA subsidiary too isn't there ? I can see the P/E under 5 in next couple of years (which won't happen as the price will rise to balance this if it happens)
Anyone know what's really going on ? Is the top man building a stake ??