Appreciation12 Apr 2021 22:10
One thing I hate about most cars is how quickly they depreciate. Peugeot's in particular will probably be near the top of the list. They had great diesal engines in the 80s and 90s. The engines lasted forever. However, back to EUA which is an appreciating asset, and considerably at that. We will find out soon but there is no way it's worth £800,000 at the current share price. It's worth considerably more to the right buyer with foresight to see what's coming now and in the future regarding PGM prices, supply needs, environmental concerns etc etc.