share: The 10 months since then have not quite followed Palmer's script, according to The Guardian. Aston Martin floated at 19 per share, valuing the firm at 4.3bn. With seven new models in seven years, his vision prepared the way to the firm's landmark stock exchange listing last October, which heralded a new era for the 106-year-old British marque. If it had held that value it would now be in the FTSE 100 index of blue chip British businesses. Aston Martin is now worth 1bn. Instead, the shares have lost three quarters of their value and they hit a record low on Thursday of less than 4, making it the worst-performing listing on the London Stock Exchange's main market in the last two years.
(news.financializer.com). As
reported in the news.
Tagged under share, years topics.