RE: Vettel buys shares in Aston Martin9 Oct 2020 08:54
My personal feeling is (no, not the feeling of great frustration at the current share price!) is that the Market feels that the current market cap is fair. Until we receive news on the ALL important Sales figures, it will be held here (+/-5p?). It’s got nothing at all to do with keeping it low for Vettel et al! AML must prove its worth the world and only robust sales will suffice, I’d suggest. The rest will be great for ‘Brand Reputation’, but this isn’t about that, clearly. If it was, then we would be valued at £4bn+. No, it’s now all about “sales” and “reduction of debt” from its Balance Sheet; which is far too high still. That said, I’m very happy to hold, as I am certain that this will see £1+ in H1 of 2021.