RE: 16:3523 Sep 2020 18:21
Hopefuly not the case and we see some recovery however.
Being new leadership is not enough to protect from SP Brand damage. In amidst current climate/Pressures on the SP, stakeholder engagement is absolute key.
If a SP is playing ball and following the market thats gives investor reassurance however.
What we are seeing is massive sellouts and no news. A pressured SP and no news and a reaction against a trend with no news. Months of new onwnership and no solid news. With signs of back hand play
Yes the market took a hit this week however the most of these have recovered or on tract for recovery when we are still red.
this doesnt take kindly to a SP, expecially one thats trying to recover. It needs to show a growing strong resistance.
Reassurance that the brand is worth investing into.
its great that good figures will be out in a month and half. but thats a long way away.
4% drop with no reason will not look great while the rest of the market retained most of their 2%
AML has to be care. its great thinking of their own pockets, however if investors loose faith and cut ties, then who will buy their shares int the sky? if its manipulated that much its obvious, who will want to give them thier money ony to be manipulatee out of it.
Reassurance is needed back in the brand. and waiting till the 12th nov is a long way away to wait for that
just a thought
LTH, average down when i can normally, yet stopped for now.