Still to late for me to jump in John?? |
More appetite than i thought, happy days, :-) |
4 million shares traded before midday . Out with the old and in with the new |
It's having a right good try here. |
Massive volume |
67p next resistance |
interesting shorts pretty well gone, so once big seller hoovered up, maybe some other directors buying IMO< this should get going again...
GLA/DYOR |
Market cap c.£45m adj EBITDA c.£50m at interims and repaid c.£37m debt...
with cost savings coming through, underlying markets still "OK" IMO, then why should a full year of c.£100m+ EBITDA not provide for further material pay downs of debt for next 2 years.
Each say £100m of debt repayment, should in theory flip into equity value no?
Then Refinance in 2 years time when debt may be down to £500m or less?
DYOR what do brokers say? |
Agreed
it has 2 years to refinance, hopefully get some debt pay down before then....DYOR |
Debt not due until 2026 👀 with £200m liquidity available 👀
Just wait for the herd to arrive should fly |
I was in early today 150,000 at 41.6p average inc all costs |
Happy to see it turn, appetite for this one is the question, we shall see, GLA |
Might happen. Old Geoff has a knack of recovering this co. |
Why not 3 quid - it's binary - it's either gonna make it or it's not. The CEO with 80k wedge says yes |
Back to a quid then |
Looks like it's alive - super Director buy 80k wedge |
All i know is a million shares have traded in 20 mins |
Bit busy with PANR but managed a few here.
Had a go too here for a short term high risk trade at just over 41p. Stop at under 39.5p.
All imo
DYOR |
Decent CEO buy, have followed him with a smallish position on the pay down of debt play for 2025 and beyond....DYOR |
interesting buy. what's he trying to tell you? |
Whats going on here then 👀 |
Nice 80k director buy |
The battle of 40 pence looks set to continue. Sellers running out of shares, but how many do the buyers want? CEO buying shouldn't hurt the bounce theory. |
Sphere - you asked who is daft enough to be buying big here?
- Morgan Stanley
- Philosophy Capital
Spruce are clearly exiting but it appears there are plenty of buyers willing to take their stock.
It's way oversold, it's a big business, next debt renewal Aug 2026, they don't need to pay it off they just have to refinance. |
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