BRH presented not logical performance last week. The mass resale of the company’s stock from last Wednesday marked the most recent suspense and investors’ indecision to evaluate the fair share price of Braveheart Investment Group.
The vertiginous rolling down of BRH started last Monday when the small quantity of 4 262 shares had been sold at GBX 6.50.
This was the beginning of the giddy stock rally. Just in two days’ time almost 12 million shares changed hands while the average trading volume for the company is 218,384 shares
Like to send a positive signal to investors, during the apogee of all these developments, three of the company’s board members announced the purchase of 720,000 shares at a price of 5 pence per share last Wednesday. Unfortunately, the news had no any effect on the company’s stock performance.
Today, BRH closed the market at GBX 6.50 with no change and no deals.
Looks like only hearties investors remain faithful to Braveheart Investment Group Plc stock these days. One of reasons for this could be that at the end of June Braveheart Investment Group released a pre-tax loss of GBP1.7 million, amplified from a pre-tax loss of GBP768,000 for the previous year.
Earlier this month the company announced increased stakes with GBP138,000 in Kirkstall and GBP150,000 in Paraytec. Although updates done, up to now, investors decide that BRH should be depreciated.
Braveheart Investment Group Plc is headquartered in Perth, Scotland and has offices in Yorkshire. Company’s stock is quoted on the Alternative Investment Market (AIM: BRH.L) of the London Stock Exchange since 2007. Braveheart Investment Group offers debt, equity and advisory services to small and medium enterprises (SMEs). The company operates regional and national funds and runs investment syndicates which Braveheart and its operating companies have established.
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