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I have had this whisper in my head for a while and I would like to share this with you guys and get your thoughts. I believe that the SP has done exactly what Stroll wanted it to do, I have divided it into 3 phases:
June 90p phase. SP was ENGINEERED to hit 90 hence Stroll could then have the dilution at a discount.
August 80p phase. SP was ENGINEERED to hit 80 hence Stroll could have his dilution again.
September 50s phase. SP is ENGINEERED to stay at around 50p and the question is what is in Stoll's mind this time?
And this is the whisper in my head, "perhaps privatisation" is not that far fetched and this is why:
Stroll could have tried to take the company private earlier on but then:
He couldn't have taken the extra funds from the dilutions
He didn't have his team in place.
He wasn't exactly sure about the DBX performance and the future of the company.
He is now in a much better position to make this decision and hence trying to keep the SP reasonable low. I am being a devil's advocate and I really hope that this is not the case, but the theory seems sound and my observation points to this conclusion.
What do you think?
Lets put things in prospective, similar shares in the market cross the board are behaving the same. I made a short analysis on the companies in similar sectors and with similar MC, they are going through the same waves and similar behaviour. This is re-assuring to some extend.
I think we all know about the performance of SPI yesterday and its 4000%+ rise at one point. This put the market cap of the company at around 500 mil from only 15mil a few hours prior. They only announced that they wanted to build EV Trucks and Charging Points in the future and Boom +4000%. This cannot be real when we are all suffering from AML downturn with a wonderful product and then some penny company's SP skyrockets with only one announcement and is positioned in the same range market cap of AML. This is really astonishing and truthfully sickening.
Dimi:
Trevor has vowed to come back with a crushing reply within hours, whatever he comes up with is going to increase the SP for a short term. The SP has hit its lowest for tonight. This is a quick money maker short term. I am averaged at 3838.