Albeit even a year ago its shares having been 0.475p, as shares in alcohol drinks brands company Distil plc (DIS) rose towards 0.10p in April I noted ‘“U.S. distribution partnership” announcement. Ramptastic!’. The shares most recently closed at 0.32p but what about today a “Holding(s) in Company” announcement and the shares currently down to 0.25p?
In March I concluded cautiously on titanium minerals miner in Mozambique Kenmare Resources (KMR) as the shares soared to around 400p on a possible offer “proposal” including noting a likely material share price fall if a deal is not agreed. The shares most recently closed at 394p and what about them now currently back towards 300p on it announced that a deal has not been agreed?
Most recently on international recruitment company Hays plc (HAS), in February with the shares slightly falling from just above 73p, despite it arguing its “key markets are being driven by powerful, supportive megatrends and remain characterised by significant talent shortages”, I noted macroeconomic headwinds and that there could be structural challenge to the sector also so to still avoid. The shares most recently closed at just above 70p and what of them currently falling towards 60p on the back of a “Pre-Close Year End Trading Update”?
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