Quote:
Originally Posted by GypsyGoth
What does it mean?
Are their shares worthless now? Or they just can't be bought or sold?
And why is have they done that if their profits were only down?
|
No its just a blip the shares dropped from being worth £470 down to £430 that graph is misleading trying to make it look worse than it is.
The profits were down as they expected them to be because they spent lots of money buying up another phone company.
The share prices dropped because releasing the profit figures early caused people to sell their shares quick incase lots of people sold their shares.
The share price is probably artificially low now and might be a good time to buy them.
If you can afford to buy a load at £430 each that is!
This is the real graph what happened is that drop on the end. (even now the amongst the highest they have ever been)
