No Beans - I just think it’s odd that you want to give me advice on a stock and stumble so badly in your maths when giving that advice. So doing MOR ...
- VRS hit a high in Jul18 of 25c
- It’s now trading at 6c
- So it’s down 19c/25cx100% = 76% from its 52 week high and down 30% from it’s 2 month high.
Yes - that’s not good and the company certainly isn’t worth 25c today, but MOR suggests its worth a lot more than 6c. Time will tell if VRS can improve margins and regain market confidence.
BTW - it’s mathematically impossible for an ordinary share to fall more than 100% as it can only fall to zero.
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