Safestyle UK – “Stakeholder Engagement Update”, how confident to really be for “an alternative financing structure” which is being sought?…
By Steve Moore | Tuesday 3 October 2023
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.
A “Stakeholder Engagement Update”-titled announcement from company describing itself as a “leading UK focused retailer and manufacturer of PVCu replacement windows and doors for the homeowner market” Safestyle UK (SFE) includes “productive… discussions with both existing shareholders and other third parties… to support its recovery and help facilitate future growth”. So what of a current share price response down over 30% to 3p?
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