RE: Stock Inventory Reduction by Boohoo18 May 2023 17:28
Again Hexam i couldnt agree more.
The market values this company at (today) 44p. A few years back, in different times it chose a valuation of £4+. Some people chose to agree with this and sunk in their cash.
These things change with companies fortunes and public perception, product demand and all manner of many other things.
Some choose, quite specifically, to pay scant regard to this fact and think that something once for a 'tenner' will be worth the same again. This is not neccasarily so, Covid gave this a huge shot in the arm, and raised the 'online' value to an upsupported, in normal times, level.
It is a shame that some just cannot see nor accept this and will not let go of the 'old dream' and rather subject others to repetative silly predictions tied to the moon.
The market value of this is 44p (today) and it has been speaking clearly for some time.
For some of us at least.