Can someone please explain to me why Aston martin's share price was set at £19 according to articles from 2018, but now charts have set it as £5.50? Is that because their stock has been diluted?
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Yes and because performance has been terrible
Thank you for the reply! one further question - do you understand what the significance of PS0.00903... in this paragraph?
Aston Martin will issue 76,000,000 new ordinary shares of £0.009039687 each in the capital of the Company (the Placing Shares) at an issue price of 225 pence. Immediately prior to the publication of this document, the share capital of the Company was £2,061,074.76, comprised of 228,002,890 Existing Shares of £0.009039687 each, all of which were fully paid or credited as fully paid.
Sounds like book value to me
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