Sell in May and go away Trouble is that there is no where to go to.
So instead I find myself reading past financial reports.
One very interesting item is the impairments, taken in 2020. $237.5 million in NE BC and $29.8 million in Lloyd. These 2 impairments total about $1.70 per share . IMHO these impairments can probably be reversed at any time.
Remember folks always do your DD twice, before you buy and before you sell.
Hope you are listening Mr. Leach. BTW what is holding up the reversal ? Why was a reversal not made prior to bank credit capacity renewal ? Minority shareholders deserve a fair deal
NVA made their reversal some time ago, which definetly was positive to share price. (Probably as much as the asset sale)
Something is happening here and what it is is not exactly clear !!