29M
Hi MM, Can you please explain why 29M shares have fallen so much recently, and is it something that can be turned around in the near future and therefore making it a buy opportunity now. Thank you. Jacky
Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi MM, Can you please explain why 29M shares have fallen so much recently, and is it something that can be turned around in the near future and therefore making it a buy opportunity now. Thank you. Jacky
Hi Jacky,
The market has lost total confidence in 29M given they talked such a big game – got the market excited – but then didn’t deliver. I would much rather the opposite from companies, hence we have no interest and we suspect the market will need a lot more convincing through actual results to become more positive on the story. Not one for MM at this stage.
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