AML13 May 2020 15:31
Some jawdroppingly naive "investors" here!
AML revenues are collapsing -60%, Q2 will be worse, huge financial losses are mounting, prices of new cars are being slashed an incredible -38% in a desperate firesale to clear unimaginable inventory, DBX production is below expectations, Valkyrie is delayed, sales of "specials" have collapsed, debt is at £1 billion, another £1 billion placing on the horizon, huge dilution for shareholders, cashflow breakeven is years away, no electric models until 2025!
Fair value is now calculated at 7p. Huge downside from the current 33p! This is headed for the 20s as the next stop.