Mobico Group Share Price (MCG)

A lot of institutions will be selling in next week due to relegation from the 250 and the shorts are all over this taking advantage with the addition that rate cuts may not happen now till late summer/early autumn. Shorts must be confident the Cosmens have stopped buying and have enough in their stake to block a cheap takeover bid otherwise they would not be increasing! And we have seen no purchase from the Cosmens in past few weeks so that tells us they're playing the long game with a 5-10year time frame in their minds. All doom and gloom, it's up to the new CFO to get us out of this mess until then we're stuck at these low prices.

Another massive wage increase for drivers up north perhaps? A Labour government which favours unions and therefore higher wages & T&Cs. Shorters increasing which in itself is never a good sign?

Something coming out we don't know yet but those in the known do?

Take your pick

17% down since 8AM yesterday open.

Market turbulence / Panic sell. Not here, another buying opportunity @ 53 for me

My thoughts exactly, you're not alone.