Is the selloff related to the tax on employers who employ foreign workers or is it the risk of levy on polluting industries if Penn gets in? 5 years from now most cars would be electric in France. They have 25% penetration in new car sales currently.
Eiffage employees number around 75k. Most of these would not be working on the APRR network they have the operations for - Correct assumption or not? Would ALX's 30 % stake in APRR via MAF be subject to the harsh taxation (assuming it passed parliament) the market thinks it would?
Really appreciate your thoughts as I only just entered the stock with a $5.26 entry which seemed a fair price for an asset with legislation pricing above/near inflation.
ALX Price at posting:
$4.84 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)