Investing

Questor: bid restores Revolution Bars’ fortunes, but investors should hold out for more

It has been a dramatic ride, however. After our tip the shares quickly soared to about 230p, and we reiterated our buy stance at 224.5p in March, but the price had fallen back to about 205p by May, just before a profits warning that caused the shares to plunge by 40pc to 122.25p.

Despite this we stuck with the shares, rating them a “hold” at 112p on May 24.

The shares then fell further to a record low of 105.5p in early July, although they recovered somewhat to 134.5p later in the month following a…

Leave a Reply

Your email address will not be published.

twelve + twenty =