Closing the gap (New for old)

Does the fact that the Bid Price in the old shares is now below the Offer price in the new shares mean that we now have a solid base for the company to work from and confidence that the current price no longer reflects the shorters exposure.

If so will we now see the confidence in the company increase.

Deutsche Bank appeared heavily involved in this my friend told me they issued a sell advice on the old shares when they were at 7p and a buy advice on the new shares at 4p with a target price of 6p.

Charts seems to support their analysis but with all these capacity cuts then it seems time for profits to jump over the next 2-3 years.

I reckon we could be looking at 8p within the next 6 months and 10p+ long term as investors realise the company is now almost debt free & has been unfairly penalised as high risk because of past problems..