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Vesa
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Kenfandango
- Posts: 694
- Joined: 19 Oct 2021, 16:40
- Gender: Male
Re: Vesa
There's always the option that vesa are playing a longer game than ST et al... Sooner or later the higher ups move on, the economy improves and volumes increase, shareholder bonuses start flowing again and if you own 25% you'll get a good chunk of cash even if it takes a decade... Kretinsky isn't exactly strapped for cash, and has his fingers in a lot of proverbial pies... He can afford to take a hit on the investment in something he may think can become very lucrative years down the line
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smartin1982
- Posts: 153
- Joined: 03 Sep 2020, 16:32
- Gender: Male
Re: Vesa
That was as covid hit when the whole market crashed. RM as it still was recovered super quick as volumes rocketedaiden01 wrote: ↑30 Mar 2023, 16:33Has'nt exactly hit the floor did it not go as low as £1-06 under rico??Postie183848 wrote: ↑30 Mar 2023, 16:01Why wouldn’t he buy more shares?, the price has hit the floor, doesn’t necessarily mean he knows something
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aiden01
- MAIL CENTRES/PROCESSING
- Posts: 7001
- Joined: 27 Feb 2013, 21:43
- Gender: Male
Re: Vesa
And why did volumes rocket maybe because most people were at home with nothing to do.except order online as no shops were open an they were getting think it was at least 80% of their wages.smartin1982 wrote: ↑30 Mar 2023, 18:06That was as covid hit when the whole market crashed. RM as it still was recovered super quick as volumes rocketedaiden01 wrote: ↑30 Mar 2023, 16:33Has'nt exactly hit the floor did it not go as low as £1-06 under rico??Postie183848 wrote: ↑30 Mar 2023, 16:01Why wouldn’t he buy more shares?, the price has hit the floor, doesn’t necessarily mean he knows something
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smartin1982
- Posts: 153
- Joined: 03 Sep 2020, 16:32
- Gender: Male
Re: Vesa
I should have been clearer.
That wasn't a true price reflective of the business.. Covid caused it to drop that far and also reach the highs that it did.
Although From what I can gather from that garbled paragraph and your original post is that you think the reason it went that low was Rico Back and the reason it didn't go lower and recovered was because of Covid? It went that low because of covid, you can't ignore the reason it got that low then argue it only went back up because of that same reason.
That wasn't a true price reflective of the business.. Covid caused it to drop that far and also reach the highs that it did.
Although From what I can gather from that garbled paragraph and your original post is that you think the reason it went that low was Rico Back and the reason it didn't go lower and recovered was because of Covid? It went that low because of covid, you can't ignore the reason it got that low then argue it only went back up because of that same reason.