Well it’s an interesting position they’ve taken, they may just be hoping it will unnerve enough folks to move the price down a few pence. Most won’t base their decisions on what a Company is trying to achieve, if that was the case few would touch BAE Systems !
The Yanks are like lemmings, they’ve seen their beloved Nvidia go negative so that’s triggered a fall in Tech stocks and others just follow, with some commentators calling a correction on the way…not a concern for those with a stronger stomach !
This was always going to take time but there now looks to be limited downside so will be back in the Market buying again, once the SP settles in a few days.
Guess most are awaiting YE results to see if their ‘back to growth’ strategy is actually delivering although having already announced an expected slide in revenue down from 12% to 17%, if they miss that it will be relabelled “back to decline” . Just have to look East to see the culprits.
This could just be a master stroke by Julian, most Retail investors will have departed long ago leaving gamblers to enter who as seen, have been shafted. Still he’s the one doing all the work so can’t blame him for being ruthless.
Slacker, unless you’re trading this I wouldn’t worry as personally can’t see any real SP movement for a long time yet, that’s OK with me as I’ve started slowly adding again on the basis there’s a good chance the worst is behind us. My time horizen is still 2 yrs out min.
Glad someone else has picked upon this, just highlights yet again the injustice inflicted upon what is a UK critical industry. We shouldn’t have to rely upon OPEC +, to help maintain a viable OP so our local industry can just about survive .
Donkey. Any CEO on top of his game should be able to easily answer any question thrown at him. Poor show if he felt the need to first check any questions sent in, so I would be extremely disappointed in him if that was the case. That said I didn’t waste my time listening in, having already studied all the data released so far.
D. If true you have to admire the legals for shoving in a Sunset Clause to ensure ongoing work for the next 20yrs. They obviously had in mind the likes of Red Mist Ed. floundering around at some point in time.