Your feeling is totally understandable 202120. Some sellings are also understandable in this dire macro environmment. Job losses are everywhere. some people need urgent cash for various reasons such as mortgage arrears etc..... however if you look at it from a different angle that the government is more desperate to generate jobs, exports revenues, appease greens... in this economic environment. One to one co-investment is a shocker. Holden plays such an significant role in this country. it only gets one to three co-investment. If you are confident in the tech, just sit back, relax and wait for the DFT. The management must be confident to have the money to pay for it otherwise we should already been talking about share holder money raising. Plus as arion said "What manager in his/hers right mind will ask for a pay increase if company was sinking" it makes sense, doesn't it.
ESI Price at posting:
1.3¢ Sentiment: LT Buy Disclosure: Held
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