Buyers at float have been reminded why you shouldn’t buy if private equity is selling
Aston Martin Lagonda has just enjoyed an “outstanding” year, said chief executive Andy Palmer, and the mere act of arriving on the London Stock Exchange “demonstrated our legitimacy in the global luxury market”.
Tell it to the poor buyers of the shares at flotation. What Palmer didn’t mention is that Aston Martin’s stock has been stuck in reverse gear from the moment the flag dropped last October.
Continue reading...from The Guardian https://ift.tt/2T5u6Xf
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