The stock said BOO and duly went up. Boohoo (LON:BOO) is dominated by enthusiastic investors and they duly grasped this morning’s trading update and bought accordingly. So I sold them again – this time at 424p.
I toyed with the idea that De La Rue (LON:DLAR) did not need to raise cash despite a weak balance sheet. However, this morning’s results statement duly disabused me of that notion. The main thing is that DLAR is on the upturn. It is still quoted cum rights at 140p and should be bought.