JRM
- 03 Jan 2012 14:10
I know it's retail, but I'm getting a touch frustrated with this one.
1. They have £30 million in cash and only worth £39 million. They should make profits of over £8 million this year.
2. There is a global brand name.
3. The Directors could buy the shares they need to take the company private with the cash the company has in the bank -Wow that would equate to a 50% rise in the share price!