As the cash in hand falls I suspect the MC could fall, unless we have a much improved cash inflow.
Therefor a further drop in the SP would not be a surprise.
We don't know the cost of the F1 advertising however I cannot see that unless it is with the winning or leading team we will see much of it on TV or in the news, at best only limited exposure, a few days in a year. I cannot see how it is value believing F1 advertising is very expensive.
I feel bad that we have employed so many new people and now having to let them go.
Has our 5 year plan been a success so far? Will it bring rewards for shareholders?
Time will tell.
Ann: Half Yearly Report and Accounts, page-15
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