Not much of a challenge for the CEO. Cumulative inflation over 3 years c. 10% so real growth 15%. Big deal. And why EBITDA. Ignores investment. Let's talk real profits.
OK This company has a history of being badly run and has dodgy products but at the end of the day for 15-20MM it can be bought with a turnover in excess of Β£100MM. Surely someone could make money out of that. I would also like to make the case for not using EBITDA which very often is a misleading statistic. This company used to hide the costs of its displays under depreciation which meant EBITDA was totally misleading.
You're all missing the point. It is not just about Musk. The cars no longer have a monopoly. There are loads of more attractive alternatives available now and the stratospheric valuation of this stock cannot be justified.
I suspect this is profit taking by subscribers to the offer in the spring, They have a substantial profit in 6 months and make their figures look good.
The minorities will get nothing out of this. The concert party should have bought out the minority with a bid then delisted. Makes you wonder about the future of AIM.