Originally Posted by
LGS6753
Thomas Cook shares dropped to (I think) 10p a few years ago, but have now recovered. Stagecoach did the same. It's not necessarily fatal, but it takes good management to escape.
Barclays dropped to 30-40p at one time in the not so distant past. Junk status presents opportunities for the brave, also just us BE could indeed be “toast” they could equally be a target for someone.