CityFibre (#CITY) – recommended 81p per share offer
- 2018-04-23 23:55:49
CityFibre (CITY) is one of those companies where I really struggle to see how the market cap is justified, even allowing for future potential and growth prospects. I covered the company bearishly around a year ago when two of the directors offloaded some of their shares when the price was 63p – albeit that they didn’t hold many of them anyway.
Telecommunications isn’t a sector which I follow that closely, but a company called CityFibre recently caught my attention, unfortunately for the wrong reason!









