Good post Regal, and agree with all youve said.
Like you my point is fundamental company values have gone out of the window at the moment. What we think the companies assets and cash bank is worth is not relevant to the MC. Thats outside our control.
This sector wide selloff could be a blessing in disguise and sort the wheat from the chaff. For example come end of sept their could be the opportunity to pick up A40 for a song if they dont have a minimum $15m cash on hand, with script and cash to pay off their debt.
Now is not the time to be selling and IMHO nor buying. The trend needs to change and that is a way off.
GLTAH
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