RE: One week down, one to go13 Oct 2023 13:15
Wyn you say "I was only trying to highlight that the market does not like uncertainty and anything ambiguous it will assume the worse"
We are the market as said previously rumours and speculation affect market confidence and the nefarious amongst us will play on it and feed more of it. I have seen nothing ambiguous about what has been official reported, even if you are personally nervous about it.
"Hopefully LB will be the exception to the rule but I am not holding my breath."
Here you are casting doubt on the CEO
"My point was we have no idea what went wrong or the cost of the replacement."
No we don't, so why do folk speculate concentrating only on the fearful side such as an engine blown, when it could be as simple as a check valve in the fuel pump
"I dismiss what LB says because I don't think she could say anything else."
Again you cast doubt on the CEO. She could spin us any old line, but I have not seen her tell a lie and so far as CEO she has done everything she has said.
When push comes to shove, all those points you made are negative and as said earlier, you are a part of the market and negativity breed here much faster than the positives.
If that god "the market" thinks SP is where it should be for the company in its current position, then I suggest the market not only has a screw loose but has lost a box of them.
If it fails it fails but if it wins, because imo of its artificially low price, it wins big.