Ann: Enterprise Sales & TCV Update, page-69

One astonishing stat is that the volume between 20/10/2021 to 13/04/2022 is about 860 Million Shares. this is about 77% of all shares.
I know there is some day trading so they are not all unique holders but all these trades are under water.
I'm guessing most people who selling now are at a loss, and have just had enough.
I suppose that capitulation is what can create real opportunities for investors.
I think I'm going to try to hang on till the end of the FY reports and then reevaluate.
Despite the poor reporting, if they can actually get their revenue target for the FY, it's still a great valuation at the prices we have now.
Enterprise value is about 4.5 times revenue guidance. This is not bad and should be a great floor, but I'm just so astonished how it just keeps dropping.