Paragon Entertainment – you were warned; “Intention to appoint Administrators”
I previously noted on Paragon Entertainment (PEL) writing on this company in March, I concluded will the new proceeds really prove sufficient “for general working capital and to increase the company's headroom against its on-demand facility with HSBC”? I’m sceptical. Certainly, still a bargepole stock. I continue to avoid. There’s now been an intra-day update (uh oh!)… “Intention to appoint Administrators” (even worse!)…



