High-risk refurbishment firm reinvents itself

Part of the appeal of this company's shares is precisely that they are high-risk and definitely not for widows and orphans.

If you are looking for a home for your pension fund, this is definitely not it. If however, you want the feeling of closing your eyes and jumping over the waterfall at Niagara then it should be perfect.

In its former incarnation, the company was essentially Workspace with a twist.

Whereas Workspace made money by refurbishing properties within the M25 for short-term business lets, it did the same for listed city-centre properties in places like Liverpool and Glasgow.

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