RE: Recent interviews.1 Dec 2022 07:45
Listen to the arguments, and replace AML with FTX. Or cineworld,
Too big to fail, many big players invested, leaders in the feild, blah blah.
AML has lost 96% of it's value since floating for a very good reason, it's a terrible, loss making company, with dwindling sales, huge expensive debt, coming into a recession.
Imagine how much losing a court case will hit the share price.
Imagine how much another profit warning in Q4 will hit the share price.
Imagine sales nowhere near 10,000 a year which blows a masive hole in Stroll's 'plan'. It wouldn;t even be profitable if it reached that target.
Another full year of no refreshed cars.
House prices in UK are key here, they slide 15% and everyone feels poor, negative equity, no first time buyers propping it up, reminds me of bitcoin and AML.
They are similar in when you buy, you need someone else to buy it from you for more. As soon as that dries up you're in real trouble.