1855: share price drops back to 0.05€

Château Grand Puy Lacoste: some en primeurs not delivered by 1855 

After rising to 0.07€ on the publication of more favourable results for 2011, the price of shares in 1855 has now fallen back to a low of 0.05€ with trading in the range 0.06€ and 0.05€. Presumably this may reflect the number of clients awaiting their en primeur Bordeaux, the number of pending court cases against 1855 and the growing evidence that some suppliers are not being paid.


Addition (1.6.12): The shares closed (31st May 2012) at 0.05€.