What’s happening to the share price?. Does GNC has any link to the horse meat scandal or something?
Yes, all their products have been withdrawn from ASDA as horse DNA was found in their sauce.
Could be catastrophic to the SP as this plays out, wouldnt touch with a barge pole.
Tesco and Sainsburys will be next to ban their products.
Thank you for the update. I think you are correct. When the company decided to put out a RNS the share will likely to fall further.
Sold out at break even.
Horse DNA in a Bolognaise meal manufactured in Bristol plant & using meat supplied from an Irish company.
Liam…quote…“Could be catastrophic to the SP as this plays out, wouldnt touch with a barge pole.”
This is a gross exaggeration? Are you shorting the company? If so please continue to do so.
I want to buy more shares!