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.
A week ago shares in Wildwood and dim t restaurants company Tasty plc (TAST) recovered a further more than 26%, to 2.85p, on an announcement that it had “re-opened seven restaurants (representing approximately 13 per cent. of the estate) for takeaway services only. Over the next few weeks, the company intends to cautiously open further units for takeaway and/or full table service, in compliance with Government regulations, and by mid-July expects to have some 25 units open for trading”. Now a “Statement re: Redundancies”...
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