Watchstone value

Watchstone share price has made impressive gains over the last few days with the share price now being 300p+.

Logicaly I think the share price is going to move higher relatively quickly as the share price is under pinned by the following:

Share price calculation

120p (£55m Escrow account)

100p (£40m NIHL income from Slater and Gordon)

198p (£90m cash in the bank)

418p is therefore the minimum the share price should be if the remainder of the business is worthless.

 

 

 

 

 

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