Over the past five years, the price of Thorntons' shares has melted away from a peak of 200p as the combination of minuscule sales growth and profit warnings left a bitter taste among shareholders. But whereas the half-year results 12 months ago were ghastly, the latest figures are rather good; indeed, they sparked a 10 per cent rise in the share price and chairman Paul Wilkinson was quick to buy 310,000 shares at 47p apiece.
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