The price has fallen to $2.09 even after all the communication and clarification by PNC
I am wondering if there is actually some uncertainty about the future past FY19. The FY19 forecast has been confirmed and reconfirmed multiple times - and it will be a great result. However, there has been little insight given to the years past FY19. It is notable by its absence. Obviously I don't mean a financial forecast per se but rather some discussion or indication about future growth. If the company is positive about the years ahead then they are not really communicating that. I would have thought some positive sentiment about PNC's longer term future could have been included in some recent announcements.
Maybe that is what is missing to spark buyer interest.
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