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Aston Martin Stock Market Listing

Discussion in 'Hobbies, Lifestyle and Sport' started by theoldboy, Aug 23, 2018.

  1. theoldboy

    theoldboy The Beast from the East

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    Well seat decided to move the CUPRA into a brand.

    Aston Martin it appears are now going to be having a stock market listing and so apparently are Volvo.

    Maybe VW Will be looking to offload some of there marques as well
     
  2. Wings988

    Wings988 Full Member

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    They launched AML shares on the 5th October 2018 at £17.00 and now as I post on 27th January 2019 they're at £12.25
    They went into freefall straight away. The market decides the value and I guess AML seriously over estimated theirs.
     
  3. theoldboy

    theoldboy The Beast from the East

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    I would agree but add into that BREXIT (and lets not talk about that here) has hit the UK Market so lots of very good stocks have suffered.
    Car Companies and Football Teams strike me as relying on people being committed to the brand and for this car company its a very small pool.

    As the warnings always say investments can go down as well as up.
     
  4. Wings988

    Wings988 Full Member

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    Brexit has nothing to do with it, they massively over valued the company. If B was an issue for them why did they list a company so soon before the B-Day? but it really wasn't. Other market factors influence this way more.
     
  5. theoldboy

    theoldboy The Beast from the East

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    That's what make a market, differing views.
     
  6. Wings988

    Wings988 Full Member

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    Exactly, the China situation has affected AML and JLR sales.
     

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