ABY 3.20% $1.06 adore beauty group limited

big drop today. any ideas why?, page-7

  1. 439 Posts.
    lightbulb Created with Sketch. 28
    pattersons advised profit taking in september - but i think people were waiting for the merry ride to slow before profit taking.

    anyway 51 year old parent Hindalco is raising 630million dollars through sophisticated investors in India ( http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSBMB00869020091015 ) and financials of the parent are further solidifylying

    so although short term traders may take large profits the long term outlook is going to be strong - new exploration may commence next year

 
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