Distil – trading slump, stated to ‘largely reflect’ UK business “remodelling”. Why are we only told now?!
Previously writing on alcoholic drinks company Distil (DIS), in April with the shares at 1.4p I questioned ‘pleased to announce campaign to further build RedLeg spiced rum, how’s the balance sheet now?’. The shares last closed at 1.35p but are currently 1.15p, a £7.9 million market cap, on the back of a trading update, so what’s the position now?
- By Steve Moore
- 2022-07-13 14:27:54