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.
Shares in perennial dog’s breakfast, lunch and dinner Tanfield (TAN) tanked last week and now trade at just 14.125p on the back of its latest dire trading update. Yet the company is still valued at £19 million. That really is a triumph of hope over experience.
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