''It is worth remembering that profits may be less than they anticipated but can hardly be down since last year they made a loss of £385,000. In today's interims they have already recorded a £272,000 profit.''
Michael,
The expectations were very simply for a full year £540k based on WH Ireland figs from Sept. Now we don't know what they will do after today - yes, they may be up on last year but unfortunately they are going to fall short of expectations, and that is why there was such a sell off. I am as brassed off as you are but the price will settle again at a lower level for a while.