I have limited concerns about the large capper. That is their intention and it works here and with an increasing number of stocks to their benefit. As with shorters.
My concern is with the board's ability to handle financial and economic operations. They have demostrated substandard levels of competence, yet fully understanding personally when a good time to invest is, and when a good time to pull out is. Trust is important. I lost it.
Mind you and in their defence, economic uncertainty and current world events have made it very very hard to move. This coupled with a government who literally have demostrated that they have no idea how to manage their own economy make it even harder for IVZ.
I genuinely wish you and all holders success. I think there will be a psa signed, and hopefully banks or jvs etc are willing to spend during such times to reward everyone.
IVZ Price at posting:
7.7¢ Sentiment: Sell Disclosure: Not Held
