After taking over Parkman, and taking Parkman Chief Executive Richard Cuthbert, Mouchel's share price has dropped, fuelled mainly by the reported costs of the merger. Preliminary results for the year to July will be published in October. for
However the merger costs are 'one-off's' and the new organisation is stronger (and claims it will make further acquistions). Is it ready for take-off in the run-up to the publication of accounts?
Wonder how many directors will be taking up the thousands of 19p options they voted for themselves when the SP was 300p+ and employees were being asked to stump up near market price for their 'sharesave' issue? (Strangely, all bar a few employeees told them where to stick them :-) )
Any guesses for the cut-off before a winding up order? 4p? 5p?