RE: Believers/NonBelievers/Realist11 Aug 2025 10:54
10:30 “The Share [sic] price hit 40p before the war - so no reason to believe that it wont [sic] get back up there for the exact same reasons it was before.”
the share prices for enron, patisserie valerie, quindell and african minerals also used to be lots higher in the past …. but that don’t mean those prices will return.
the EUA share price hit 40p before the war primarily because unsophisticated pis were led to believe that a huge asset sale was imminent. …. it wasn’t. one strand of that game was the dissemination to retail pis of the ACF report, which produced wildly false predictions about EUA’s financials (e.g. look at what revenue was predicted vs what actually happened.). the lengthy but failed formal sale process, which took place well before putin’s invasion, then demonstrated that nobody at all was actually willing to buy any of EUA’s so-called assets for significant sums.