Quick update on CBUY from Oct 2016. (http://is.gd/nnwRBs) It resumed listing. I viewed its transaction with EFH as a sign that the company way doomed, and viewed the chairman’s buy of £8k as an extremely bearish sign.
This turned out to be an accurate read on the situation. Shares were trading at 13.55p at the time. They are now at 7.25p.
Enough said.
7.25p
