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.