RE: Newcomer21 May 2020 14:41
Good luck, but the shareprice will almost certainly never again hit 48p here. The company is nearly bust, it needs another billion quid to keep the lights on, sales are plunging, showrooms are shut, Vantage is a flop, DBX production is delayed, their own rights-issue valued the brand at just 30p, another mega upcoming dilution will halve that to ~15p, factor in the crippling debt and negative cashflow for years to come, and this will end up well below 10p. The best-case scenario here is likely to be a plunge to its current fair value of 1p, followed by a 5p opportunistic takeover from Mercedes. Feels very similar here to how things played out at SXX.