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A 13.95% short positions reported from yesterday, so is this a 'short squeeze'? I always thought that short holders would close by 'acquiring' an opposing long position as part of the rights issue. Is 13.95% a very high level? Will this squeeze finish when all the small short holders/CFD holders settle? Just shows how quickly prices can move.

Herbie, Good information. I feel your observations support the 'wait and see' view that I have current have, no need to take a risk of more down side for limited upside. I could well be wrong, by being over cautious but that OK, Regards, SG

Thanks Herbie, For my reference from a quick google for population - maybe a some errors but gives an order of magnitude, Reading 232K, Liverpool 467K (multiple bars),Stafford 133K, Cheltenham 116K Swansea 242K, Torquay 65K Wilmslow 30K I wonder if this is an indication of the problem. Are there enough customers to support some of these locations? In fairness I did not look at all…

Any one know where the most recent sites opened are? For the matter where the next 2-3 are due to be opened? My concern is that cheap rents may not have a catchment area of customers for this 'high-end' bar. SG

Roger, the company write up show an impressive "new building" in the April 2012 (Share_Soc_15) but there is no indication of where this building is. Greece(?) or when the building was first occupied. My concern is the current intent to "divese the Greek operation" verses the 2011AR which highlights building lease as a "risk" (granted, both positive and negative but in todays IMO negative unless…

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