The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Let’s just hope enough money is stranded save another dilution, to make more submarines. Seriously though, if Stroll does get a handle on the insane spending it the past we’re all screwed. I ‘s love to have heard Ken Gregors reaction when he first took a look through the book!
Think about it. Stroll confirmed on 2nd quarter call there would be no more need for share dilution. I have never seen bot action like it on the way up to 75p, I didn’t see the way up to 82p but I’d bet my right arm it was the same *******s. They need liquidity and this is clearly how they are getting it. Where are the fundamentals to justify this, Moers is hand cuffed for the foreseeable, Stroll has to make the most of the current line up with a few makeovers, a pile of stock is still to be cleared and the estimate for that to complete is by 1st half next year. The economy is f$¥K%d and Corona is still creating havoc. I’d buy in again around 50p preferably sub 50p before 3rd quarter report , about the middle of second wave in the autumn so early October the price will be down again, expect another rise after this dump completes.
Patts, another clown who bought in FOLO wholesale, now you’re hacked off at being strung out to dry. People get carried away and know no better. This will go through this cycle more that the two time’s already.
They pump and dump leaving more high and dry, this will be how they create liquidity and all said I think another share dilution will be avoided using this method. Either way investors have pain. Another share dilution would hack off Wolff and the gang and other investors, this way only the average Joe gets screwed, the lesser of two evils.
USA market didn’t get there stimulus part 2. Corona on the rise. Moers hands are tied to the current Aston line up for the time being while the restock continues, may see £1 after by Christmas, mean while other stock will recover faster than this.
Anyone seen this? Aston has 1.2k units to clear before reaching their target sports car inventory level of 800-850 units.”
“This will likely drag into H1-21 and hence incentives will likely lower ASPs until inventories are at target
It’s going to be a long testing stretch.
Not out of the woods by far yet - https://www.fool.co.uk/investing/2020/07/30/will-aston-martins-share-price-ever-go-back-to-100p/
Another reference to the possibility of BR and 8th time and a turnaround not necessarily saving shareholders.