Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Most recently writing on legal services company RBG Holdings (RBGP), in March with the shares at 8.85p I concluded including ‘the still-limited fundraising size in relation to the debt and the outlook currently still concern… at a prospective £11.4 million market capitalisation, at this juncture I still wouldn’t want to own the shares’. The shares most recently closed at below 6p and what of them currently below 4p on the back of half-year results despite these headlined “Executing a clear strategy to restore value and reduce risk profile”?
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