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Https://www.astonmartinlagonda.com/investors/calendar
Heck Noah, if it's the 30th or 31st of Oct thats still thought of as "2 weeks" away for most people I would think! Your wrong anyways with your specific date, its on the 1st of November.
Https://news.sky.com/story/food-inflation-aston-martin-and-car-dealerships-12976841
Look at the after hours trades. Same odd pattern we saw last week, the night before the rns saying stroll and co had bought millions of shares. I reckon we will see an rns tomorrow with more news.
Incase anyone cant see the link.
There was an opportunity — the initial investor wanted to sell a stake of his shares due to a change in management, I believe, in that firm,” Stroll said Wednesday during an event at Aston Martin’s Formula One headquarters at Silverstone. “And we saw this as a great opportunity to buy because I believe heavily in the future of AML.”
While Stroll declined to comment on the seller, Invesco Ltd., Aston Martin’s third biggest shareholder, on Oct. 3 offloaded just under 1.9 million shares, or about 2.7% of its stake, according to data compiled by Bloomberg.
Aston Martin is in the middle of a turnaround under Stroll, who rescued the company in 2020 but has needed to raise funds several times since. The storied carmaker has a long history of financial troubles.
Stroll’s Yew Tree sold off some of its shares to Geely Automobile Holdings Ltd. earlier this year, but then took part in a capital raising this summer. Existing shareholders, Saudi Arabia’s Public Investment Fund and Mercedes-Benz Group AG also participated in the raise, which Stroll said would make it sustainably free-cash flow positive.
The company announced in June that it had agreed an electric vehicle technology tie-up with Lucid Group Inc., which is also backed by the Saudi sovereign wealth fund.
Stroll’s comments about the stake purchase came at an event to announce Aston Martin would be entering the 24 Hour of Le Mans hypercar race in 2025 with a prototype of the Valkyrie. This will see Aston Martin compete in all forms of endurance racing.
Ron, it was 2.57 on Friday. We all had the chance to buy then. Its even cheaper now, so fill ya boots! Stroll and co are currently now from their 2.57 buy and they all bought in at 3.71. They saw value at that price and most banks have aml at above £4.
I just don't understand why it's dropping tho.
Noah, it's very obvious to us all you have no shares at the moment as you've stated. Q4 results will be very good and next year should be party time. What it does in the short term is guessing as could move in any direction. Stroll and co still getting all the bits in place. Not long to wait now. Good luck all holders.
Livestock, get over it! It is what it is.
Lawrence Stroll has saved Aston Martin by making lots of great decisions and if having lance driving for AMF1 is how he wants it then fine. This is the first and only year lance has ever had a decent car! Lance isn't that bad of a driver. He's having a tough year like a few other number 2 drivers. Next years car will be even better hopefully and lance will have a better season. If you belive lance driving for amf1 is damaging the road car brand of aml then I disagree. I'm not saying it's helping the aml brand, I'm saying it means nothing to the brand how well or badly lance is doing.
Https://seekingalpha.com/article/4633956-aston-martin-has-nine-lives
Noah, always thought you were ok but your sounding more like c26 everyday! You say youve sold, good for you. But personally I don't see a cash rise coming. All targets are on track, banks are rising their sp targets and aml are on track to be cash flow positive 2024.