Shares in the London-listed, Sharjah-based fabricator were up by 7.3% to £0.91 onMonday morning, but remained sharply down on their value of £2.97 this timelast month before the first warning emerged.
Analyst Keith Morris of Investec Securities slammed Lamprellas an investment that was “all risk and no reward”.
"We believe management are tainted by a track record ofcost overruns and poor profitability," Morris said.
"The
