Shares in ‘Wildwood’ and ‘dim t’ restaurants company Tasty plc (TAST) recovered to start this month at 3.4p... but now an intra-day (9:41am) “Trading Update”. Usually bad news...
Previously writing on Wildwood and dim t restaurants company Tasty plc (TAST), I’ve noted the financial situation from a market cap of below £4 million saw my stance avoid / sell. Now a “Statement re: Restaurant Closures” – and the shares currently further lower to 1.25p...
Previously writing on Wildwood and dim t restaurants company Tasty plc (TAST), last month I noted the shares had recently recovered somewhat to 2.85p on a re-openings statement, though at a then 2.75p the financial situation from a market cap of below £4 million saw my stance avoid / sell. Now a “Trading Update”...
A week ago shares in Wildwood and dim t restaurants company Tasty plc (TAST) recovered a further more than 26%, to 2.85p, on an announcement that it had “re-opened seven restaurants (representing approximately 13 per cent. of the estate) for takeaway services only. Over the next few weeks, the company intends to cautiously open further units for takeaway and/or full table service, in compliance with Government regulations, and by mid-July expects to have some 25 units open for trading”. Now a “Statement re: Redundancies”...
Previously writing on Wildwood and dim t restaurants company Tasty plc (TAST), I concluded in September, with the shares currently further down to around 3.5p, the market cap is circa £5 million. As such, I’ll continue to monitor how the asset value holds up but the noted trading numbers and environment still currently see me avoid. The shares have gone on to slide below 3p, but are currently up to 3.85p on the back of “Property Disposal and Trading Update”…
Previously writing on Wildwood and dim t restaurants company Tasty plc (TAST), I reviewed discounted fundraising bears out my prior caution, though where from here?. Now results for its half-year ended 30th June 2019…
