Today’s announcement that its US subsidiary, Mallet Inc. was pushed into filing for Chapter 11, as a sub tenant defaulted could be the nadir of its fortunes. The finals for the March 2021 year end showed an adjusted loss of £2.7m on £10.8m turnover and he shares at 2.75p are near its all time low with a £13m market cap.
The £5.8m purchased of the world’s most famous and valuable stamp – the 1856 1c Magenta from British Guiana, which is the only one in existenc...
You are unauthorized to view this page.