Aston Martin Share Price at 63p BUY???

Aston Martin Share Price at 63p BUY???

Author
Discussion

Vergis

Original Poster:

549 posts

243 months

Tuesday 14th April 2020
quotequote all
I am tempted to drop a grand on the shares.

The big market fear seems to be they wont survive the current economic situation. But I hazard a bet they will.

Anyone purchasing shares ??? Or selling ???

ashleyman

6,987 posts

100 months

Tuesday 14th April 2020
quotequote all
I'm in exactly the same boat as you. It's hard to ignore. Especially with the new DBX on the horizon.

My only worry is looking over the last 2 years they've steadily been declining from 1600p down to 500-600p for a while then down to 63p.

I'm tempted to maybe do a couple hundred now and leave some spare for if they drop again. If they recover, it's easy money. If they don't, can you afford it?

JiggyJaggy

1,451 posts

141 months

Tuesday 14th April 2020
quotequote all
Might be easier to carry on discussing here chaps, all under one roof:

https://www.pistonheads.com/gassing/topic.asp?h=0&...

Jon39

12,841 posts

144 months

Tuesday 14th April 2020
quotequote all

ashleyman said:
...... over the last 2 years they've steadily been declining from 1600p down to 500-600p for a while then down to 63p.

Oh dear, 'apples and pears'.

As mentioned by jiggyjaggy, take a look at this topic ; https://www.pistonheads.com/gassing/topic.asp?h=0&...

You will find the share price adjustment calculations, in respect of the two capital raising transactions.
Beware also, because at least one popular financial website, is displaying an incorrect market value.




Edited by Jon39 on Tuesday 14th April 20:44

AstonV

1,569 posts

107 months

Wednesday 15th April 2020
quotequote all
Even though it’s not a lot of money. I personally wouldn’t waste mine. So unfortunate the losses many businesses will suffer, people will suffer with this forced world wide shut down. Many may not make it back. The sooner the world can get back open, the better for everyone. Like many have said we can’t let the cure be worse than the disease. Shows how fragile and interconnected the worlds economies are.

China needs to pay a heavy price for their evil. evil



Edited by AstonV on Wednesday 15th April 08:33

Buster73

5,066 posts

154 months

Wednesday 15th April 2020
quotequote all
56p now , his grand is now worth £900

Vergis

Original Poster:

549 posts

243 months

Wednesday 15th April 2020
quotequote all
Decided to drop a grand and a bit extra in a fund in the end. I maybe a buyer at below 45p.

JBE68

246 posts

149 months

Thursday 16th April 2020
quotequote all
The recommendation should read "Good Bye", not "Good Buy".