Edmond Jackson, who writes The Sunday Telegraph’s Taking Stock column, says he doubts anyone could have anticipated things were as bad at SFI as revealed at last Monday’s AGM.

Jackson remarks that he has learned over years that when companies also owe a large amount of money, the banks keep supporting them. Shares bump along in the all option category.

He says: “Leave them alone”.

The Daily Telegraph 27/10/02 page 2 (Money – Taking Stock)