NLG 0.00% 0.4¢ national leisure & gaming limited

kesmet, not sure.I would have thought if the operation could not...

  1. 3,898 Posts.

    kesmet, not sure.

    I would have thought if the operation could not even support such a tiny market cap they would have long been in administration.

    Plus...

    They have been given this long to sort out.
    Bank allowed capital works to go ahead.
    Auditor statement believing it could continue as a going concern.
    Share price going up in anticipation.

    Minus

    Since.. they have downgraded earning expectations.
    Banks have become more stringent by the day.
    Auditors gave warning disposal of assets may not exceed liabilities..(not sure if this was playing it safe warning or not). No up to date balance sheet atm.
    Share price going up but smallish orders so people like me having a punt? Though no real dumping either so good and bad lol.

    So for me,a little maybe now and more on reciept of further positive announcement.
 
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