Today’s astounding recovery of SCi’s share price shows no sign of halting following the exodus of the management team.
The Britsoft company’s stock had risen by a whopping 59.38 per cent at midday – up to 76.5 pence.
The price has now settled to 74 pence – an overall rise of 54.17 per cent.
The firm’s stock price fell by over 50 per cent last Friday, following its announcement that it had ended talks with potential buyers – the lowest level in the company’s 18-year history.
SCi announced first thing this morning that its current management team of CEO Jane Cavanagh, managing director of publishing Bill Ennis and managing director of studios Rob Murphy had all left the company.